Effect of Technology How Technology Effects Modern the States - US Wage Trends The microeconomic picture of the U.S. has changed immensely since 1973, and the trends atomic build 18 proving to be consistently downward for the nations eminent cultivate graduates and high school drop-outs. Of all the reasons given for the wage squeeze - transnational competition, technology, deregulation, the decline of unions and defense cuts - technology is probably the most(prenominal) critical. It has favor the educated and the skilled, says M. B. Zuckerman, editor-in-chief of U.S. News & World Report (7/31/95).
Since 1973, wage adjusted for inflation have declined by round a quarter for high school dropouts, by a one-sixth for high school graduates, and by about 7% for those with rough college education. Only the wages of college graduates are up. Of the fastest emergence technical jobs, software system plan tops the list. Carnegie Mellon University reports, recruitment of its software engineering students is up this yea...If you want to get a proficient essay, high society it on our website:
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