Presenting a radically different view of the operations of the labor market, in this 1999 book Professors Pryor and Schaffer explain the growing inequality in wages and how those with the least education are being squeezed out of the labor market. Why have wages in those jobs requiring extra-high cognitive skills risen while all other wages have stagnated or fallen? And why are more university graduates taking high-school jobs? The authors of this volume present data revealing that jobs which require a high educational level are increasing more slowly than those with somewhat lower requirements. However such jobs are increasing faster than those requiring still less formal education. Professors Pryor and Schaffer also show how women are replacing men in jobs which require higher levels of education and, moreover, how those with high cognitive skills are replacing those with lower cognitive skills.
• This book presents an integrated, controversial view of changes in the labor market by exploring employment, joblessness, and wages • Professors Pryor and Schaffer examine all of the leading theories and present their weaknesses • The end results have important sociological implications for changing class structure of the US
Acknowledgements; Part I. Introduction: 1. The changing labor market; Part II. Employment, Cognitive Skills, and Job Displacement: 2. Cognitive skills, education, and other determinants of employment; 3. Upskilling and educational upgrading of occupations; 4. Labor force displacement mechanisms; Part III. Wage Levels and Distribution: 5. Wage levels; 6. The Distribution of Hourly Wages; Part IV. Alternative Approaches: 7. Five misleading theories about joblessness; 8. Notes on subjective and institutional factors; Part V. Implications and Interpretations: 9. Final observations; Appendices; Bibliography; Name index; Subject index.