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Monday, 30 January 2012

Info Post
There is a good article (via Instapundit) by James Q. Wilson, author of The Marriage Problem: How Our Culture Has Weakened Families, at the Washington Post on economic inequality and its causes. This statistic caught my eye:
The past three decades have seen significant increases in real earnings for people with advanced degrees. The Bureau of Labor Statistics found that between 1979 and 2010, hourly wages for men and women with at least a college degree rose by 33 percent and 20 percent, respectively, while they fell for all people with less than a high school diploma — by 9 percent for women and 31 percent for men [my emphasis].


Those men who do not have a college degree look to be at a significant disadvantage. Given that fewer men are going to college, I wonder how this will play itself out in the coming decades? Though I notice that the article says "with less than a high school diploma." I wonder if those men with a high school diploma but no college can do okay if they find work in the military or with a vocation.

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