“Unemployment Falls Fast in U.S. If Men Get College Degree”
Bloomberg; April 11, 2012
The U.S. workplace is polarizing between the education haves and have-nots, says David Autor, professor of economics at Massachusetts Institute of Technology in Cambridge. So-called middle-skill jobs, typically well-paying work that doesn’t require extensive higher education, are vanishing, dividing the labor force into high- and low-skill positions. While women are moving up the knowledge ladder, male educational attainment is growing at a slower rate.
“It is terrific that women are getting higher levels of education,” Autor says. “The problem is that males are not.”