Increasing numbers of recent college graduates are ending up in relatively low-skilled jobs that, historically, have gone to those with lower levels of educational attainment. This study examines this phenomenon in some detail, concluding: (1) About 48 percent of employed U.S. college graduates are in jobs that the Bureau of Labor Statistics (BLS)…

The proportion of individuals with little training varies greatly among European countries. Throughout Europe, nonparticipation in the labor market and unemployment seem relatively synonymous. Three degrees of labor market openness with regard to individuals with low levels of training are apparent throughout Europe: (1) in Portugal, skill…

An examination of the changes that are likely to occur in work and productivity in the future reveals that, at least before the year 2000, Americans are not likely to see many new jobs created and will probably not be required to alter their skills greatly for existing jobs. It will be difficult to duplicate the sustained productivity attained…

This book provides an introduction to earnings capacity (EC), a measurement of human capital, and its application to a research study of potential earned annual income over a 25-year period. Focus is on qualitative aspects of EC such as race, age, gender and education and its utilization. Chapter 1 is an introduction. Chapter 2 reviews existing…