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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

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