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Sinking wages and global labour glut: US needs to get schooled

A lack of basic skills may prevent Americans, especially young adults, from competing for better-paying jobs

Job seekers talking to potential employers during a Princeton Area Chamber of Commerce job fair in Illinois, early this year.


THE long-sought rise in American wages is being suppressed by a global labour glut that is undermining policy makers' efforts to wring slack from the US job market.

The most effective way of combating this oversupply is to promote increased training and education of US...

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