This paper suggests that in the US context, workers tend to invest in general human capital especially since they face little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration of jobs) favors specific human capital investments....

This comprehensive and well-written book discusses what has happened in our economy during the past 100 years to shape today's labor market, and how that past will shape the labor market of the future. The book discusses trends through the year 2000, what careers will expand and decline (and how...