How Technology Effects Modern America
Beginning of paper
U.S. Wage Trends
The microeconomic picture of the U.S. has changed immensely since 1973,
and the trends are proving to be consistently downward for the nation’s
high school graduates and high school drop-outs. “Of all the reasons
given for the wage squeeze – international competition, techn ....
Middle of paper
.... jobs
are paying well, proving that highly skilled labor is what employers want!
“There is clear evidence that the supply of workers in the [unskilled
labor] categories already exceeds the demand for their services,” says L.
Mishel, Research Director of Welfare Reform Network.
In view of these facts, I wonder if these trends are good or bad for
society. “The danger of the information age is that while in the short run
it may be cheaper to replace workers with technology, in the long run ....
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Word count: 1229
Page count: 5 (approximately 250 words per page)