U.S. Wage Trends
Beginning of paper
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, technology, deregulation, ....
Middle of paper
.... 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 it is potentially
s ....
------------------
Word count: 1224
Page count: 5 (approximately 250 words per page)
