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1) Who's not working and why: employment, cognitive skills, wages, and the changing U.S. labor market
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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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