Northeastern University economists Paul E. Harrington and Andrew M. Sum argue that a recent report, "Help Wanted", "radically overstates the size of the college labor market." This overcount, they claim, has nothing to do with the recession. "Even in times of near full employment," Harrington and Sum argue that…

Recurring evidence that workers with similar skills do not necessarily earn the same wages led to the formulation of an alternative to the conventional market theory, namely, the segmented market theory. This theory posits that certain skills are distributed not among prospective employees but among jobs, in relation to the technology of those…

Too many of Britain's workforce lack the skills needed for a knowledge-based economy. To remedy this will require the commitment, in time and resources, of individuals, employers, the education and training infrastructure and the state. Adults with the lowest qualifications have the least access to employer-funded training, especially in small…