evidence of technological change

evidence of technological change The early evidence on the importance of technological changes a source of the shifts in the relative demand for different types of labor during the 1980s came from case studies. The Bureau of labor Statistics conducted several case studies of the effects of changes in production processes in particular industries (Mark, 1987). In an industry that experienced a significant change in technology, the usual pattern was a dramatic reduction in the employment …

…a way to defer military service. For the relative supply of educated labor to grow rapidly after 2010, rates of college attendance will have to be extremely large to avoid a new bout of wage inequality. It would seem, therefore, that a long-term commitment to increasing greatly the fraction of individuals who go to college is the appropriate public policy response to the phenomenon of increasing inequality. But this is more easily written than done effectively.