Technology in Modern America U.S. W date Trends The microeconomic picture of the U.S. has changed immensely since 1973, and the trends are proving to be systematically downward for the nations postgraduate take graduates and high school drop-outs. Of each(prenominal) the reasons disposed for the wage squeeze - international competition, technology, deregulation, the decline of unions and defense cuts - technology is plausibly the most critical. It has favored the educated and the technical, says M. B. Zuckerman, editor-in-chief of U.S. News & angstrom unit; domain Report (7/31/95). Since 1973, struggle 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 nearly college education. Only the wages of college graduates are up. Of the fastest lifting technical jobs, software product applied science tops the list. Carnegie Mellon University reports, recruitment o f its software engineering students is up this grade by over 20%. All engineering jobs are salaried well, proving that highly skilled intentness is what employers want! at that place is slip by evidence that the supply of workers in the [unskilled labor] categories already exceeds the demand for their services, says L. Mishel, explore Director of Welfare Reform Network. In view of these facts, I wonder if these trends are good or bad for society.
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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 unsafe because there bequeath not be enough purchasing power to give rise the econ omy, M. B. Zuckerman. My feeling is that th! e trend from unskilled labor to highly technical, skilled labor is a good one! But, political activity must be taken to ensure that this societal developing is beneficial to all of us. gage in 1970, a... If you want to start up a full essay, nightspot it on our website:
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