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The role of part-time, i.e. non-regular, employees grew as cost pressures increased. Their share in total employment rose from about 13% in 1990 to just under 30% by 2018. From the firm’s perspective, a fall in the ratio of insiders to outsiders was important very simply because ‘outsiders’ were not given long-term contracts which made their wages easier to suppress.
The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival
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