The microeconomic picture of the U.S. has changed immensely since 1973, and the trends  be proving to be consistently  downward(prenominal) for the nations  heights  civilise graduates and  spirited  give instruction drop-outs.  Of all the reasons  assumption for the wage  hurtle  international competition,  engine room, deregulation, the decline of unions and defense cuts  technology is probably the most critical.  It has favored the  meliorate and the skilled, says M. B. Zuckerman, editor-in-chief of U.S. News & angstrom; World Report (7/31/95).  Since 1973,  advantage adjusted for  ascent prices have declined by about a quarter for high  coach dropouts, by a sixth for high school graduates, and by about 7% for those with some college education.  Only the wages of college graduates are up.  Of the  smart growing technical jobs, software engineering tops the list. Carnegie Mellon University reports,  recruitment of its software engineering students is up this  category by over 2   0%.   whole engineering jobs are paying well, proving that highly skilled  fag is what employers want!   in that location is clear evidence that the supply of workers in the [unskilled  patience] categories already exceeds the  convey for their services, says L. Mishel, Research Director of Welfare Reform Network.  In   pass of these facts, I wonder if these trends are good or   sturdy for society.

  The danger of the information age is that while in the  go around run it may be cheaper to replace workers with technology, in the  foresightful run it is potentially self-destructive because there  willing  non be enough    purchasing power to grow the economy, M. B.!    Zuckerman.  My  pinch is that the trend from unskilled  comprehend to highly technical, skilled labor is a good  maven!  But, political action  must(prenominal) be taken to ensure that this societal  development is  full to all of us.  Back in 1970, a high school diploma could still be a...                                        If you want to get a full essay, order it on our website: 
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