Since 1974, the gap between the wages of skilled and unskilled workers in the United States has a. first increased and is now decreasing b. increased c. decreased d. stayed the same
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Since 1974, the gap between the wages of skilled and unskilled workers in the United States has largely increased, reflecting broader economic trends and changes in the labor market. Factors such as the rise of technology, globalization, and shifts in education levels have significantly contributed to this widening wage divide. In the labor market, skilled workers tend to command higher wages due to their specialized expertise, while unskilled labor often faces stagnation in pay. This trend emphasizes the importance of education and training in today's economy, encouraging individuals to seek opportunities for skill development to enhance their employability and income potential.