Causes of the significant decrease in productivity growth and dramatic increase in unemployment in the United States since the mid-1960's are examined in order to test the underlying assumption of current economic policies that increasing capital savings and investments will create fuller and more productive employment. Data on trends in…

Advanced industrial economies face a work crisis in creating wage employment in a changing job market without greatly increased job inequality. There is a fundamental conflict between a deregulatory labor-market philosophy and policies intending to use educational expansion to increase employment with higher productivity and wages. Education and…

A study examined the patterns of employment in the public sector as compared to the private, possible changes in that pattern in the last decade, and implications for educational policy. By using the human capital concept (employment patterns depend on productivity differences in individuals) and labor market segmentation analysis, the following…