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As the tertiary education of most students in Western countries is fully or partially subsidized by government monies (because it takes place at a state university or public university or because the student receives government loans or grants), the underemployment of recent college graduates may also be an ineffective use of public resources ...
Vocational schools or tech schools are post-secondary schools (students usually enroll after graduating from high school or obtaining their GEDs) that teach the skills necessary to help students acquire jobs in specific industries. The majority of postsecondary career education is provided by proprietary (privately-owned) career institutions.
Per Scholas logo. Per Scholas is an American nonprofit organization based in The Bronx, New York City founded in 1995 [1] by John Stookey and Lewis Miller. [2] Per Scholas provides tuition-free technology training to unemployed or underemployed adults for careers as IT professionals.
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The structure of job opportunities in the United States has sharply polarized over the past two decades, with expanding job opportunities in both high-skill, high-wage occupations and low-skill, low wage occupations combined with contracting opportunities in middle-wage, middle-skill white-collar and blue-collar jobs. [2]
Economic liberalization will result in unemployment and wage inequality in developing countries. This happens as job losses in uncompetitive industries outstrip job opportunities in new industries. Workers will be forced to accept worsening wages and conditions, as a global labor market results in a “race to the bottom”.