Its a becharm of the techonlgy that has effected America He sing it was well written but I needed to bawl out well-nigh the theme more. U.S. Wage Trends The microeconomic word picture of the U.S. has changed vastly since 1973, and the trends are proving to be consistently downward for the nations elevated enlighten graduates and high school drop-outs. Of all(a) the reasons given for the wage tweet - international competition, technology, deregulation, the decline of unions and defense cuts - technology is probably the most(prenominal) critical. It has favored the educated and the skilled, says M. B. Zuckerman, editor-in-chief of U.S. News & adult manlike Report (7/31/95). Since 1973, wages adjusted for inflation befuddle declined by about a quarter for high school dropouts, by a sixth for high school graduates, and by about 7% for those with nearly college education. Only the wages of college graduates are up. Of the fastest growing technical jobs, parcel engineering top the list. Carnegie Mellon University reports, recruitment of its software engineering students is up this year by over 20%. All engineering jobs are paying well, proving that exceedingly skilled beat back is what employers fate! There is pass water grounds that the supply of workers in the [unskilled labor] categories already exceeds the demand for their services, says L.
Mishel, seek Director of Welfare iron out Network. In view of these facts, I wonder if these trends are good or harmful for society. The danger of the information age is that while in the gibber run it may be cheaper to replace workers with technology, in the ! menacing run it is potentially self-destructive because there will non be enough purchasing power to grow the economy, M. B. Zuckerman. My tonus is that the trend from unskilled labor to extremely technical, skilled labor is a good one! But, If you want to get a full essay, order it on our website: BestEssayCheap.com
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