Workers Abroad Are Catching Up to U.S. Skill Levels
Alexander Monge-Naranjo
The Regional Economist, 2017, vol. 25, issue 3
Abstract:
Although U.S. workers still command a considerable lead with respect to most countries in the world, it is remarkable how strongly other countries have been able to catch up over the past 60 years. From essentially being the sole provider of high-skill workers for both the U.S. and the world economies, U.S. workers must compete, domestically and internationally, in knowledge and skills with workers from many other countries. No matter how tough the challenges brought on by more competition become, American workers?of all education levels?can obtain productive opportunities from knowledge emerging from the rest of the world.
Date: 2017
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