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Technology Jobs - Online Term Paper

Technology Jobs


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, the decline
of unions and defense 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 & World Report (7/31/95). Since 1973, wages adjusted for inflation
have declined by about a quarter for high school dropouts, by a sixth for high
school graduates, and by about 7% for those with some college education. ...

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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 self-destructive because there will not be
enough purchasing power to grow the economy,” M. B. Zuckerman. My feeling is
that the trend from unskilled labor to highly technical, skilled labor is a good
one! But, political action must be taken to ensure that this societal evolution
is beneficial to all of us. “Back in 1970, a high school diploma could still be
a ticket to the middle income bracket, a nice car in the driveway and a house in
the suburbs. Today all it gets is a clunker parked on the street, and a dingy
apartment in a low rent building,” says Time Magazine (Jan 30, 1995 issue).

However, in 1970, our government provided our children with a free
education, allowing the vast majority of our population to earn a ...

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Technology Jobs. (2005, October 21). Retrieved April 20, 2024, from http://www.essayworld.com/essays/Technology-Jobs/35229
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"Technology Jobs." Essayworld.com. October 21, 2005. Accessed April 20, 2024. http://www.essayworld.com/essays/Technology-Jobs/35229.
"Technology Jobs." Essayworld.com. October 21, 2005. Accessed April 20, 2024. http://www.essayworld.com/essays/Technology-Jobs/35229.
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PAPER DETAILS
Added: 10/21/2005 02:31:01 PM
Category: Economics
Type: Premium Paper
Words: 1211
Pages: 5

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