Sample interview questions: How would you approach analyzing the impact of technological change on job polarization?
Sample answer:
1. Identify the Occupations Affected:
- Examine industry-level data to determine which occupations are most susceptible to automation and other technological advancements.
- Analyze job descriptions and task requirements to identify occupations with tasks that can be easily automated or rendered obsolete.
2. Quantify the Impact on Job Loss and Creation:
- Use econometric models to estimate the number of jobs lost and created due to technological change.
- Consider direct job displacement, as well as indirect effects on related occupations and industries.
3. Analyze Skill Requirements and Wage Effects:
- Examine how technological change alters the skill requirements of occupations.
- Determine whether new technologies demand higher or lower levels of skills and education.
- Assess the impact on wage inequality and earnings distribution across different skill levels.
4. Consider Geographic and Sectoral Distribution:
- Analyze the geographic distribution of job losses and gains to identify regions and industries that are particularly affected.
- Examine the impact on different sectors of the economy… Read full answer