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A distinguished roster of contributors considers the state of the art of the field at the turn of the 21st century and charts an ambitious agenda for the future. Following what the editors describe as an evolutionist' approach to the study of labor markets, the chapters address issues of continuity and discontinuity in a wide range of topics including: markets and institutional structures; employment relations and work structures; patterns of stratification in the United States; and public policies, opportunity structures, and economic outcomes.

In this famous study, selected by the New York Times Book Review as one of the most important social science books of 1971, the author argues that the familiar correlation between educational training and job performance is a myth and that the upgrading of the supply of labor is meaningless unless we reconsider the nature of the demand. A lengthy new introduction by the author extends his critique into the 1990s. Originally published by Praeger in 1970.

A distinguished roster of contributors considers the state of the art of the field at the turn of the 21st century and charts an ambitious agenda for the future. Following what the editors describe as an evolutionist' approach to the study of labor markets, the chapters address issues of continuity and discontinuity in a wide range of topics including: markets and institutional structures; employment relations and work structures; patterns of stratification in the United States; and public policies, opportunity structures, and economic outcomes.