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Management · Studypool

Discussion Post and 2 responses: Shifting Economic Foundations 500- 700 words/ 2 RESPONSES 250-300 WORDS

Overview

DISCUSSION POST QUESTION: The U.S. economy started shedding manufacturing jobs and gained services sector jobs in the 1990s, a trend that has largely continued. Why has this been so prevalent and how has it impacted wages and employment levels? Finally, how do employment levels (unemployment rates) impact wage levels?