U.S. Economic Developments in the 21st Century: Sustaining the Living Standards of...

Societal changes in the U.S. over the past half speed of light have been a stimulus for less frictional syllabus mobility. As a result, there has been an expanding and affluent middle class. This paper will offer ideas about how future business leaders like myself can help employees maintain a racy standard of living, provide predictions about key industries that will help oneself as the backbone of the thriftiness in the ordinal vitamin C and suggest policy steps to sustain the strength of the democracys middle class workforce. A large instalment of the middle class in the U.S. enjoys a high standard of living as a result of numerous advancements in science, medicine and technology. A highly skilled workforce is the origination of economic growth. Educational attainment has become a obligatory for employment in many U.S. industries today. (Wolf, 2003) There are both trends that are making the job market increasingly competitive. First, the demographic shift toward a graying market is a phenomenon in which workers a great deal delay exiting the workforce in order to build replete savings to finance a longer retirement cod to higher life expectancies than in the past.

(Age and Engage, 2009) Second, the entrance of more women into the workforce, including those in senior positions in business and government, in addition to women move to also work in traditional fields, such as nursing, teaching and social work, has contributed to workforce participation and competition for jobs. (Asthana and Campbell, 2010) A variety of industries have strong prospects to thrive in the twenty-first century, many of which are still nonexistent. The U.S. has moved from an agricultural parsimony to a center for manufacturing tangible goods and is now a knowledge-centric economy that produces ideas. A typical company today has significant rating stored in patents, inventions, software, marketing programs, skilled employees and other intellectual assets. (Halal, 2010) Advanced... If you involve to get a full essay, order it on our website: Ordercustompaper.com

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