. It suggests that the pay and employment experience of low skilled Americans is a poor counterfactual for assessing how …

International Adult Literacy Survey we find that employment of skilled to unskilled labour is unrelated to differences in skill … premium but that changes in relative employment are related to changes in relative wages raising the possibility of some … substitution behavior. Still, the differing dispersion of wages is not a major contributor to differences in employment rates. The …

Disappointing recent growth rates, the emergence of structurally unfavorable income and employment conditions, and …