Technological Affects On Mass. Comm.
The US Wage Trends microeconomic picture of the U.S. has changed immensely since 1973, and the trends are 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 defense cuts - technology is probably the most critical. It has favored 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 its software engineering students is up this year by over 20%." All engineering jobs are paying well, proving that highly skilled labor is what employers want! "There is clear evidence that the supply of workers in the [unskilled labor] categories already exceeds the demand for their services," says L. Mishel, Research Director of Welfare Reform Network. In view of
Some topics in this essay:
Political Process, Magazine Jan, Reform Network, Wage Trends, World Report, Mellon University, public opinion, school diploma, middle class, skilled labor, highly technical, political process, highly skilled labor, middle class income, sound byte, upper 2%, highly skilled, 2% elite, upper 2% elite, political figures multinational,
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Approximate Word count = 1119
Approximate Pages = 4 (250 words per page double spaced)
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