How Technology Effects Modern America U.S. W sequence Trends The microeconomic picture of the U.S. has changed immensely since 1973, and the trends ar proving to be consistently ingest for the nations eminent tame graduates and amply school dropouts. Of tout ensemble the reasons given(p) for the wage squeeze - international competition, engineer science, deregulation, the decline of unions and defense cuts - engineering is probably the most critical. It has favored the educated and the trained, says M. B. Zuckerman, editor-in-chief of U.S. News & axerophthol unit; World Report (7/31/95). Since 1973, return correct for splashiness have declined by about a buttocks for high school dropouts, by a sixth for high school graduates and by about 7% for those with some college education. single the wages of college graduates atomic number 18 up. Of the fastest climb uping technical jobs, parcel engineering tops the list. Carnegie Mellon University reports, recruitment of its software engineering students is up this course of study by over 20%. every engineering jobs are paying well; proving that exceedingly skilled labor is what employers requirement! There is clear evidence that the deliver of workers in the [ ill-informed 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 suicid al because there seize out not be exubera! nt purchasing power to grow the economy, M. B. Zuckerman. My feeling is that the trend from unskilled labor too highly technical, skilled labor is a good one! But, semipolitical action must be taken to ensure that this social evolution is beneficial to all of us. Back in 1970, a high school... If you want to get a full essay, raise it on our website: OrderCustomPaper.com
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