Labor Market Decline
The decline of the labor market is easy to misinterpret (interpret). There are many reasons for that. During the 1970s, large numbers of women and young adults __1___ (bear) during the baby boom entered into the work force. That ___2___ (result) in too many workers for the jobs available and depressed wages. The decline also has something to do with the explosive ___3___ (grow) in world trade since 1960. As ___4__ （manufacture) technologies have become more mobile, production jobs have __5___ (move) from the U.S. to countries where wages are low. In ___6___ (add), technology itself has helped to cause the shifts in the job market. For example, ___7____ (few) American workers are needed to make steel today than in the past, because new ____8___(machine) have made many of their tasks ___9___ (necessary). Finally, the high rate of ____10____ (employment) caused by these factors has tended to drive wages down further.
1___.
born
