How Technology Effects Modern America - US Wage Trends

How Technology Effects Modern America - US compensation Trends The microeconomic picture of the U.S. has changed immensely since 1973, and the trends are proving to be consistently downward for the nations last enlighten graduates and high school drop-outs. Of in all the reasons given for the wage squeeze - international competition, technology, deregulation, the decline of unions and vindication mechanism cuts - technology is probably the most critical. It has favored the educated and the skilled, says M. B. Zuckerman, editor-in-chief of U.S. news program & World Report (7/31/95).

Since 1973, take adjusted for pretentiousness have declined by about a quarter for high school dropouts, by a sixth for high school graduates, and by about 7% for those with approximately college education. Only the wages of college graduates are up. Of the fastest growing skilful jobs, software engineer tops the list. Carnegie Mellon University reports, recruitment of its software engineering students is up this family by over 20%. All eng...If you expect to shake a full essay, order it on our website: OrderCustomPaper.com

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