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ERIC Number: ED326626
Record Type: RIE
Publication Date: 1989-Nov
Pages: 5
Abstractor: N/A
Reference Count: N/A
ISSN: ISSN-0889-8049
Technological Change, Trade, and the Need for Educated Employees: Implications for Economic Policy. NCEE Brief Number 5.
Bartel, Ann P.; And Others
Work force issues regarding technological change, international trade, and changes in job skills were the subject of a series of studies of work force changes in U.S. industries. The studies examined the characteristics of employees in 61 manufacturing industries in 1960, 1970, and 1980 through data obtained from the Labor Demographics Matrices compiled by the U.S. Department of Labor. Differences in wages and education levels were compared with differences among industries with respect to capital equipment and other measurable characteristics. One finding indicated that industries introducing new technologies hired better-educated employees and paid them higher wages. The policy implication of this finding is that since new technologies create work environments that demand more learning, levels of investments in all levels of education must be improved. Another finding was that as international trade expands, the United States is specializing in learning-intensive goods and services. U.S. trade deficits have been concentrated among traditional industries whereas the country's comparative advantage is in skill-intensive goods and services. The policy implication of this finding is that federal and state economic development strategies should shift to a focus on and support for emerging high technology industries. (10 references) (YLB)
Publication Type: Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: Office of Educational Research and Improvement (ED), Washington, DC.
Authoring Institution: National Center on Education and Employment, New York, NY.