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The Economics of Despair

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Melody S

 

Date added:

January 16, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 685

 

Was viewed:

8441 times

 

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Essay content:

Raising young adult wages will require not only better academic performance, training, apprenticeships, and school-to-work programs, but also full-employment policies, changes in the configuration of jobs and careers, and larger young adult union membership. Prior to 1973, the annual and weekly earnings of both young adults and older workers had been improving markedly...
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Prior to 1973, the annual and weekly earnings of both young adults and older workers had been improving markedly. Between 1967 (the year the Bureau of Labor Statistics began tracking weekly earnings of wage and salary workers) and 1973, the real median weekly earnings of 16- to 24-year-olds rose by approx i mately 8 percent...
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