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Author
Description
Drawing on interviews with dismissed IBM executives in Westchester, New York, bakers in a high-tech Boston bakery, a barmaid turned advertising executive, and many others, Sennett explores the disorienting effects of the new capitalism. He reveals the vivid and illuminating contrast between two worlds of work: the vanished world of rigid, hierarchical organizations, where what mattered was a sense of personal character, and the brave new world of...
Description
About 27.5 million Americans -- nearly 24 percent of the labor force -- earn less than $8.70 an hour, not enough to keep a family of four out of poverty, even working full-time. "Low-Wage America" is the most extensive study to date of how the choices employers make in response to economic globalization, industry deregulation, and advances in information technology affect the lives of tens of millions of workers at the bottom of the wage distribution....
Author
Description
The authors call for new, decentralized institutions suited to a dynamic economy in which change is constant and rapid. In particular, they see a need for job ladders and worker associations that cut across firm boundaries. These institutions would foster individual and collective learning, mark out career paths, and facilitate coordination among both individuals and organizations in a networked economy. The authors propose new rules to reshape labor...
4) Who's not working and why: employment, cognitive skills, wages, and the changing U.S. labor market
Author
Description
Over the Last Quarter-Century, the U.S. labor market has experienced some disturbing trends. Despite apparent economic prosperity, joblessness among less-educated prime-age males is rising and, in addition, an increasing number of university graduates are taking "high-school jobs." Moreover, except for a thin layer of university-educated workers, most in the labor force are experiencing stagnating or falling real wages. Simultaneously, the inequality...
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