Word: freeman
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This may seem obvious, Freeman adds, but the high growth of the 1980s--combined with high unemployment for the unskilled--made economists wonder whether the advantages of the present economic boom would necessarily spread to every socioeconomic group...
...done this study in the 1950s, '60s or '70s, no one would have been surprised," Freeman said. "But in the '80s, we had economic expansion, [yet] it seemed to leave behind the less educated people...
...have shown we can do some things for our most disadvantaged through economic boom," Freeman said. "The booming market can do more than all the government programs...
...Freeman and Wilson both said they predict that if the national economy takes a turn for the worse, employment rates for low-skilled workers will go with...
...into a recession, that could be real trouble," Freeman said...