Four telling facts about jobs and wages for young Americans, as explained in this policy brief, suggest a labor market recovery is coming, although it will be gradual and uneven by educational attainment. Young Americans with a postsecondary degree are more likely to be employed, but the nature of their employment suggests they are taking…

Economic changes since 1975 have resulted in a vastly different workplace where a college degree is only a "ticket to compete." Competition, productivity, and unemployment, educated and underemployed, unemployment, debt, the labor market, and vocational survival are discussed. (MLW)

This first of two volumes is organized around the theme of the social, political, and economic contexts of education and training. (Volume II focuses on the development of vocational policy. Both volumes form part of the Open University MA Module, Education, Training, and the Future of Work.) An introduction (Geoff Esland, John Ahier) provides an…