The Many Paths Out of Poverty

The Many Paths Out of Poverty

2.3 percent annually, nearly double the rate of increase during the '60s. Unemployment hovered between 7 and 9 percent throughout the mid-'70s.
But during the '80s, says Weber, professor of economics and public administration at Carnegie-Mellon University, the labor force will grow only 1.1 percent annually. And the American work force as a group will age. The proportion of workers in the 16-to-24 age bracket will decline from the current 23.9 percent to 18.4 percent by 1990. And, although the...

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