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Back to category: Technology Limited version - please login or register to view the entire paper. How have computers changed modern life? The Microeconomic picture of the U.S. has changed immensely since 1973, the trends are now 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 defence cuts - technology is probably the most critical. It has favoured 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. Only the wages of college graduates are up. Of the fastest growing technical jobs, software engineering tops the list. Carnegie Mellon University reports, "recruitment of it's software engineering students is up this year by over 20%." All engineering jobs are paying well, prov... Posted by: Veronica Gardner Limited version - please login or register to view the entire paper. |
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