Economics Short Essay
Read chapter 4, Bad Jobs, Low Pay, and Overwork, from “Naming the System: Inequality and Work in the Global Economy” by Michael D. Yates.
Then, write a 400 words essay answering all or most questions below (not required to answer all):
Why are there always more low-paying jobs than well-paying jobs?
Can you describe long-term changes in employment in terms of economic sectors, geographic location, and the divisions between skilled and unskilled and male and female workers?
In which types of work would you find job creation and job destruction, respectively?
How do wages compare across countries?
How did working hours develop over the last decades?
*All citations should come from the chapter 4 of the book!
**Please include 2-3 statistics from the book in the essay!
Attached is the scanned Chapter 4 of the book (27 pages)
