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.”