Technological progress renders various skills obsolete, however, the rate of skill obsolescence will vary according to the worker's human capital investments. Workers heavily invested in general skills, such as education, will not suffer high rates of obsolescence, while less-educated workers...

Is the labor market for US researchers experiencing the best or worst of times? This paper analyzes the market for recently minted Ph.D. recipients using supply-and-demand logic and data linking graduate students to their dissertations and W2 tax records. We also construct a new...