Recent Entries
maybe FED EX needs a few local tune ups
180 million jobs are you 25-35 with a BA ??? we go no where NY teacher creature combine pastees' triumph near the votes are in what in hell does that mean join to brake..... brake to join nyc librarians make the brake away
Archives
June 2006
May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005 August 2005 July 2005 June 2005 May 2005 April 2005 March 2005 February 2005 January 2005 December 2004 November 2004 October 2004 September 2004 |
February 02, 2006wage mid-rift slimmin and slippinacademics got a grip on this bottom wage half is coasting uppper wage half is still rifting ==============================
"This paper analyzes a marked change
in the evolution of the U.S. wage structure
over the past fifteen years:
divergent trends in upper-tail (90/50)
and lower-tail (50/10) wage inequality.
We document that wage inequality
in the top half of the distribution
has displayed an unchecked
and rather smooth secular rise
for the last 25 years...
Wage inequality in the bottom half
of the distribution
also grew rapidly from 1979 to 1987,
but it has ceased growing
(and for some measures actually narrowed)
since the late 1980s. ...
We characterize these patterns
as the “polarization” of the U.S. labor market,
with employment polarizing
into high-wage and low-wage jobs
at the expense of middle-wage work.
We show how a model of computerization
in which computers most strongly complement
the non-routine (abstract) cognitive tasks
of high-wage jobs,
directly substitute for the routine tasks
found in many traditional middle-wage jobs,
and may have little direct impact
on non-routine manual tasks
in relatively low-wage jobs
can help explain the observed polarization
of the U.S. labor market. "
so there you mop jockeys
the skids over
and
you high steppers
up there
in the low end
of the 50 plus club
don't sweat
we got a nice soft place
for ya
to land
down here in flatsburg
Posted by herb jr. jr. at February 2, 2006 07:01 PM
|