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While the content does not provide specific examples, there are indeed companies that have successfully addressed the issue of falling wages and benefits for less-educated men. For instance, some companies have implemented programs to provide on-the-job training and skill development, which can lead to higher wages. Others have increased their minimum wage or improved their benefits packages to attract and retain less-educated workers. However, it's important to note that these initiatives vary widely across different companies and industries.
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“Zombie ideas” simply refuse to die despite mountains of evidence to disprove them. How do you fight them? Paul Krugman, Nobel Prize winner in Economi...
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Entry-level wages for male high school graduates have fallen 23% since 1973. The percentage of high school graduates working in the private sector with health benefits had declined from 65% in 1980 to 29% in 2009. The United States has become a society where less-educated men had great difficulty finding jobs with fair wages and benefits. This lack of opportunities leads to these men being less likely to participate in the workforce or get married. Social changes taking place in America's working class are the result of sharply rising inequality and not its cause, Krugman says.
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