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The idea that the unskilled labor force is characterized by lower educational attainment such as having high school diplomas or GEDs and that this typically results in lower wages is also outdated.
Latin America and the Caribbean created millions of new jobs, primarily in urban and low-productivity sectors, but struggled ...
Over the past two decades, labor has become increasingly globalized ... grown broadly in line with each other, but employment in unskilled sectors has contracted. Globalization is a vital force ...
Betsey Stevenson is a professor of public policy and economics at the University of Michigan. She was on the president’s Council of Economic Advisers and was chief economist at the US Department ...
While contractors tend to focus on expensive skilled labor when estimating project costs, our recent study found that unskilled workers have seen the largest wage gains in recent decades.