Summary of “The Economics of Choosing the Right Career”
Tyler Cowen discusses how Technology, Globalization, and a Stagnant Economy effect the labor market. Technology has effected the supply and demand of the labor market by, allowing a skilled labor to access consumers around the world. This increases the income of the people up top. In addition, technology effects unskilled workers who do not have the knowledge needed to run them. Also, technology is becoming a competitor with the unskilled worker as many jobs are being completed by computers. Not only do unskilled workers must compete with technology, but, through globalization, they also have companies outsourcing work to foreign countries, who have people who are willing to work harder …show more content…
One part is workers who are in a transitionary stage, such as young workers just entering the work force. Young worker’s wages are usually below the wage line even though they still, typically, have enough money to create a safe life for themselves. Immigrants are also in this transitionary stage. However, finding a good job is the reason most immigrants move to America; thus, they work hard to find a job and to do well in that job. The other part to poverty are those who do not wish to improve in order to work. They would rather waste their life away by making poor decisions that fly in the face of being a productive citizen. Partying, taking drugs, criminal activity, and child neglect, just to name a few. All of which have numerus organizations willing to help, but are often not taken advantage of. Not only do these people refrain from working, but some groups are even encouraged by the government by subsides and grants. Why work hard when one can party or become a couch potato and get payed by the government.
Summary of “The Missing Man”
Over the years there has been a decrease in male workers age 25 to 54. The amount of 20-year-old men with no previous job experience has doubled in the last 15 years. An astonishing amount of these men are neither looking for a job or going to school. Instead they spend more time playing video games or watching tv.
Summary of "New research identifies a ‘sea of despair’ among white, working-class
Tyler Cowen discusses how Technology, Globalization, and a Stagnant Economy effect the labor market. Technology has effected the supply and demand of the labor market by, allowing a skilled labor to access consumers around the world. This increases the income of the people up top. In addition, technology effects unskilled workers who do not have the knowledge needed to run them. Also, technology is becoming a competitor with the unskilled worker as many jobs are being completed by computers. Not only do unskilled workers must compete with technology, but, through globalization, they also have companies outsourcing work to foreign countries, who have people who are willing to work harder …show more content…
One part is workers who are in a transitionary stage, such as young workers just entering the work force. Young worker’s wages are usually below the wage line even though they still, typically, have enough money to create a safe life for themselves. Immigrants are also in this transitionary stage. However, finding a good job is the reason most immigrants move to America; thus, they work hard to find a job and to do well in that job. The other part to poverty are those who do not wish to improve in order to work. They would rather waste their life away by making poor decisions that fly in the face of being a productive citizen. Partying, taking drugs, criminal activity, and child neglect, just to name a few. All of which have numerus organizations willing to help, but are often not taken advantage of. Not only do these people refrain from working, but some groups are even encouraged by the government by subsides and grants. Why work hard when one can party or become a couch potato and get payed by the government.
Summary of “The Missing Man”
Over the years there has been a decrease in male workers age 25 to 54. The amount of 20-year-old men with no previous job experience has doubled in the last 15 years. An astonishing amount of these men are neither looking for a job or going to school. Instead they spend more time playing video games or watching tv.
Summary of "New research identifies a ‘sea of despair’ among white, working-class