the media has not done that
people with educations go where the jobs are. more often than not to urban areas
people with limited education are without such job mobility and tend to stay in the cotton patch
in my father's generation, a man without a college degree but with a strong work ethic, could support a middle class family and enjoy a defined retirement income
as a child of the 50s i have witnessed the transition to two-income families and to the move to and then away from suburbia as well as a much greater portion of our population achieving an education beyond a high school diploma
the three factors anticipated to disrupt our nation's economy with the new millennium were expected to be:
globalization
computerization
worker shortage when the boomers quit the workforce
the USA was the only major power to emerge industrially unscathed from WWII. the USA dominated almost every category measuring national well-being
and now, the world has caught up, and in many cases exceeded, our nation's ability to offer goods at a competitive price
our industrial wages have stagnated in many industries while the world's labor rates have improved
the competition that was not there decades ago is now eating our lunch
my career was spent helping business owners start and grow their enterprises. it amazed me how many of them said they would never buy a computer. they would fold up shop, first. it is the rare business today that can survive without accessing the internet. and computing has eliminated lots of job titles that used to exist. my first job out of college, i had a secretary ... not to myself, but there was a secretarial pool. that later evolved into a word processing section. in short order, everyone was typing their own documents.
but that loss of jobs was supposed to be offset by the demise of the boomers. that giant anaconda that had defined how many schools needed to be built, how many houses were needed, how many lanes were required, would eventually leave the work force in giant numbers. we are in the midst of that happening now. if my agency's predictions had borne out, there would be jobs paying high wages because there were so few employees to fill them. and if one is well educated and in software or medicine, the prediction holds true. but the rest of the population is now competing against the labor skills and rates of workers across the globe who are still willing to work for less than we.
what makes that even worse is the presence of 12 million (estimated) undocumented people, many of whom are very willing to accept low wages, given their circumstances. they have set the new floor for under-skilled work
notice that the media had nothing to do with any of that - beyond reporting it
covid has caused many to lose their jobs. this graph will illustrate that the hardest hit are the least educated
Release Table for Oct 2020, Unemployment rate by educational attainment and age, monthly, not seasonally adjusted: 25 years and over. FRED: Download, graph, and track economic data.
fred.stlouisfed.org
the world has changed and too many Americans were unprepared for the changed outcome
again, the media did nothing to cause that