In a knowledge market, the knowledge, skills and expertise needed for the economic and sociopolitical transformation of a nation and its citizens are transacted at different prices. Inequitable access to this market poses a serious threat to the economic welfare of the country and its citizens. The authors assess the extent of this threat with…

This article presents a comparative analysis of the determinants of early school leaving (ESL) at the country level. We decompose ESL rates into two components: a "primary" rate reflecting unqualified school leaving from initial education, and a second component accounting for early school leavers who participate in training programmes.…

The relationship between wage differentiation and long-term unemployment was examined in a study that considered data regarding long-term unemployment and minimum wages in the United States, Japan, and 10 member nations of the Organisation for Economic Cooperation and Development. Data regarding wages and unemployment in the 11 countries were…

The consequences of indexing the minimum wage to average wages in the U.S. economy were analyzed. The study data were drawn from the 1974-1978 May Current Population Survey (CPS) and the 180 monthly CPS Outgoing Rotation Group files for 1979-1993 (approximate annual sample sizes of 40,000 and 180,000, respectively). The effects of indexing on the…

The potential effects of raising the minimum wage on the earnings of mothers moving from welfare to work were examined by analyzing the differences that existed in the late 1980s in the various states' minimum wage rates and data from three waves of the Survey of Income and Program Participation for the years 1985-1990 (during which time 13 states…

This bulletin examines the labor market experience of youth in the United States and eight other industrial countries from the early 1960s to the late 1970s. The analysis focuses upon unemployment, the most visible and measurable form of labor underutilization. The report highlights the size of the youth unemployment problem and discusses some of…

Seven studies dealing with adjustment to technological change which were done by independent experts are presented. "Programs in Aid of the Poor," by Sar A. Levitan assesses the state of social insurance, public assistance, the poverty program and other assistance to the poor and compares them to current proposals as the negative income…

Numerous sources of data about family incomes, taxes, wages, unemployment, wealth, and poverty were used to analyze the impact of the economy on living standards in the United States in 1994-1995. It was discovered that most individuals in the United States are worse off in the 1990s than they were at the end of the 1970s. Between 1979 and 1989,…

This collection of papers on the youth employment problem consists of 15 papers that cover the dimensions, causes, and consequences of youth unemployment and that also focus on problems in measuring the extent of the problem, the dynamic aspects of youth labor force participation, and problems associated with adequately assessing the consequences…

The rising wage inequality in U.S. urban labor markets during the 1980s was examined in a study of 20 metropolitan area labor markets. The study's perspective differs from the prevailing perspective on the problem in three ways: (1) it focuses on changes in the wage structure in a sample of local labor markets; (2) it examines changes in the…