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Employment growth in America. Lesson plan

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  • anonymous

Abstract

Employment growth is one of the most fundamental aspects of a strong economy. Yet not all jobs are created equal. Some pay generously and offer desirable working conditions, while others do not. The study, \\"Employment Growth in America,\\" by Christopher H. Wheeler, a St. Louis Fed economist, suggests that the nature of jobs held by workers influences economic and social outcomes. Cities that experience rapid growth in high-wage employment also tend to see increasing incomes throughout the entire labor market, not just among those who happen to hold high-paying jobs. In addition, the growth of high-paying employment is associated with lower rates of crime, higher property values and rising educational levels. This lesson shows that increasing human capital is important to the economy.

Suggested Citation

  • anonymous, 2005. "Employment growth in America. Lesson plan," Inside the Vault, Federal Reserve Bank of St. Louis, issue Fall.
  • Handle: RePEc:fip:fedliv:0028
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    Cited by:

    1. Giapponi, Catherine C. & Scheraga, Carl A., 2007. "Industry Issue Paper: Cross-Cultural Factors and Corporate Governance Transparency in Global Airline Strategic Alliances," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 46(2).
    2. Yoo, Hyung Chol & Gee, Gilbert C. & Takeuchi, David, 2009. "Discrimination and health among Asian American immigrants: Disentangling racial from language discrimination," Social Science & Medicine, Elsevier, vol. 68(4), pages 726-732, February.

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