The Deskilling vs Upskilling Debate: The Role of BLS ProjectionsCAHRS Working Paper Series
Abstract[Excerpt] The growing shortage of professionally trained workers and the rising skill premiums will tend to cause supply to increase more rapidly than we have projected. But the gap between the projected growth of demand and supply is huge. Just to maintain the balance between the growth of supply and the growth of occupational demand that prevailed in the 1980s, itself a period of shortage, it will be necessary to increase in the stock of college graduates in the year 2000 by 3.7 million or, put another way, to raise the number of college graduates entering the labor forces by 462,000 or 42 percent between 1992 and the year 2000.
Citation InformationJohn H. Bishop and Shani Carter. "The Deskilling vs Upskilling Debate: The Role of BLS Projections" (1990)
Available at: http://works.bepress.com/john_bishop/6/