Structural Unemployment and Good Jobs The New York Times • May 7, 2012

As the economy recovers, global competition and skill-biased technological change will drive the skill requirements of good jobs even higher. And if the level of educational attainment does not keep pace (a disturbing trend since the late 1970s), the median wage will continue to decline; wage inequality, a major source of income inequality, will widen further; and the structural unemployment rate may well increase.

Economic Policy Institute