Four major trends reshaping the American economy are having a tremendous effect on the number and nature of jobs in the United States: (1) corporate downsizing; (2) the outsourcing of work and services; (3) increasing use of "contingent" workers; and (4) the increasing income disparity between high school and college graduates. These trends have…

In the new environment of increased international trade and investment flows, human resources represent the key competitive edge of this interconnected global economy. The share the United States has of worldwide output is shrinking. This issue explores data that provide a snapshot of how globalization is affecting the economy and changing its…