Over the past 30 years, the number of jobs in the United States requiring skilled labor has been declining as foreign countries steal these jobs away from the U.S. As a result, the domestic demand for skilled labor has been falling and the wage gap between skilled and unskilled labor has been narrowing.
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Q5: One hypothesis to explain the changing gap
Q6: Human capital refers to the physical tools
Q7: A compensating differential is a difference in
Q8: The statement that "the rich get richer,
Q9: The changing gap in wages between unskilled
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Q13: Education and on-the-job training are sources of
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