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dc.contributor.authorBishop, John H.
dc.contributor.authorCarter, Shani
dc.date.accessioned2020-11-17T17:15:47Z
dc.date.available2020-11-17T17:15:47Z
dc.date.issued1991-09-01
dc.identifier.other187720
dc.identifier.urihttps://hdl.handle.net/1813/75114
dc.description.abstractThe Bureau of Labor Statistics (BLS) projections of occupational employment growth have consistently underpredicted the growth of skilled occupations. BLS currently projects that professional, technical, and managerial jobs will account for 44.5% of employment growth between 1988 and 2000, while we project they will account for 70% of employment growth. Between March 1988 and March 1991 these occupations, in fact, accounted for 87% of employment growth. The BLS's projections of the supply/demand balance for college graduates have also been off the mark-predicting a surplus for the 1980s when, in fact, a shortage developed, and relative wage ratios for college graduates rose to all-time highs. We project that the supply of college educated workers will grow more slowly during the 1990s and that there will be a continuing escalation of wage premiums for college graduates.
dc.language.isoen_US
dc.rightsRequired Publisher Statement: This work may be downloaded only. It may not be copied or used for any purpose other than scholarship. If you wish to make copies or use it for a non-scholarly purpose, please contact AERA directly.
dc.subjectILR
dc.subjectcenter
dc.subjecthuman resource
dc.subjectstudies
dc.subjectadvance
dc.subjectemployee
dc.subjectcompensation
dc.subjectknowledge
dc.subjecteconomic
dc.subjectlabor market
dc.subjectemployer
dc.subjectskill
dc.subjectcompensate
dc.subjecteconomy
dc.subjectBLS
dc.subjectoccupation
dc.subjectwage
dc.subjectcollege graduate
dc.titleThe Worsening Shortage of College-Graduate Workers
dc.typearticle
dc.description.legacydownloadsBishop47_the_worsening_shortage_of_college.pdf: 695 downloads, before Oct. 1, 2020.
local.authorAffiliationBishop, John H.: Cornell University
local.authorAffiliationCarter, Shani: Cornell University


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