The red is the median wage of all working men; the blue is the median wage of all men of working age. By assigning a zero wage to the men who have dropped out of the work force (largely low skilled ), we see a much bigger effect of the recessions on men.
There is a $25,000 prize for the best ideas for creating jobs:
There is a $25,000 prize for the best ideas for creating jobs:
The Hamilton Project is seeking new ideas for creating jobs and enhancing productivity and will award $25,000 in prizes to the winners of its 2011 policy innovation competition. The problems facing America’s workforce are challenging and real and will not resolve themselves. Our goal is to highlight targeted, evidence-based policies that can help close both the job gap and the decline in earnings that stand in the way of a brighter future for American workers.
HT: the Economist
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