With more and more Americans striving for a college degree, fewer people are competing for traditional blue-collar and low-wage service jobs. Conference Board economists Gad Levanon and Frank Steemers offer an insightful perspective on how this trend is likely to accelerate, as US economic growth continues and employers have to contend with labor shortages for these less prestigious jobs. This illuminating, focused and amply illustrated piece is likely to interest policy experts, economists and human resources professionals.
In this summary, you will learn
- Why demand in the United States for blue-collar and low-wage service workers is on the rise,
- What challenges this presents, and
- How employers can deal with looming labor shortages.
About the Authors
Gad Levanon is the chief economist for North America at the Conference Board, where Frank Steemers is an associate economist.