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It’s not the gig economy, stupid.

The gig economy has got us talking about the labour market, but the decline in trade union membership matters more.

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PA-25483122.jpg

London taxi drivers block Whitehall in Westminster, central London, during a protest over the regulation private hire cars using the Uber app in 2016. Dominic Lipinski/PA Archive/PA Images. All rights reserved.

Sometimes change comes suddenly and without warning, in big bold type on the front pages. But, often, the changes that really matter never make it to the headlines. Take the large falls in global poverty over the past few decades, or the slow ageing of the UK population – I’d hazard a guess that neither of these trends has ever topped the 10 o’clock news.

There are five million fewer trade union members today than there were in 1979.