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The Education-Jobs Gap: Underemployment or Economic Democracy

The Education-Jobs Gap: Underemployment or Economic Democracy

List Price: $25.00
Your Price: $25.00
Product Info Reviews

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Rating: 4 stars
Summary: It wasn't your fault.
Review: If you are a college educated American and underemployed (i.e. working at a job that does not utilise your specific degree, or ANY degree) then you are far from alone. Over half of all college graduates are in the same boat. This figure is even higher for liberal arts and sciences graduates. You did nothing "wrong"- the economy just hasn't been able to generate enough good jobs since the '60's.

A big part of the problem was the high level decision to move manufacturing jobs out of the country. This meant the loss of tens of millions of mid-level management jobs that should have gone to college graduates. The plan in the 60's was for American industry to modernise and automate (and train workers) to overcome low-wage foriegn competition. However, instead of following this government endorsed long-range plan, most manufacturers simply moved their manufacturing off shore to utilise the cheaper labor. This was cheaper and easier than developing efficient high-tech facilities in the U.S.

Secondly, there was a complete disconnect between the needs of industry, and the numbers and type of training in the colleges and universities. For the most part business and higher education mistrusted each other and excluded each other from each other's decision making. This resulted in millions of college grads whose training bore no resemblance to the actual practical needs of industry. Nor were most graduates trained to think in terms of starting their own businesses- it was indoctrinated into them that they would naturally work for large corporations that would "look after" their career development.

So cheer up if you could never found a job that matched your training. It wasn't your fault. It was a failure of "economic democracy."

Rating: 4 stars
Summary: good book.
Review: its a good book, opens yourself on the world that is declinning in most aspects, and awares us of solutions to solve unemployment by changing society as a whole. Interseting reading.


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