HD FS 315 Lecture Notes - Lecture 3: Apache Hadoop, Structural Change, Wage Labour
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3 components: (3rd) inequality in family relationships: marriage anchors family life among middle class. 55% of those with a high school degree (or less) are married. College educated men marry college women because they travel in similar circles (meet in college or jobs that come from college education). Average family income of dual career couples who are college grads: over ,000 - better than 80% of all. College educated women: 15% of births outside of marriage. Women with less than college degree: 53% has birth outside of marriage. Why has inequality grown? (1) globalization: well-paying, often unionized, factory work moved overseas (2) structural change in the economy, service sector grew: High school grads today only earn 70% of all high school grads in. Require advanced technical skills and knowledge (3) changes in family structure: rise in single-parent families, increase in college-educated, dual-career couples.