Human Capital Currents, an occasional publication from the Atlanta Fed's Center for Human Capital Studies, features reports on current topics in human capital development and labor markets. The inaugural issue explores the persistent decline in the labor forces and its role in the large drop in unemployment.
July 01, 2013
The Asymmetric Impact of Offshoring and Low-skill Immigration on Employment and Wages
Over the past three decades, the United States experienced strong employment growth for high- and low-skilled workers while middle-skill jobs disappeared. At the same time, wages improved only for high-skill occupations. A new Human Capital Currents looks at the role offshoring and low-skill immigration may have played in that phenomenon.