The New Service Class
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In fact, the real divide in the U.S. economy is no longer between services and manufacturing, or even between men and women. The real split separates those with the education to get good jobs from those who lack it. Professor Michael van Biema, who has studied these trends at the Columbia Business School, predicts that in fields such as banking and finance "you will see many of the lower-end service jobs disappearing and being replaced by technologies." That's the bad news for some. The good news is that the same technologies will help wounded IBMers with management and professional skills make their way back up the pay scale.
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CREDIT: TIME Graphic by Steve Hart
[TMFONT 1 d #666666 d {Source: DRI/McGraw-Hill}]CAPTION: JOB GROWTH
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