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To: Oeconomicus who wrote (93432)1/12/2005 2:41:44 PM
From: epicure  Respond to of 108807
 
retirement
While participation among college graduates has leaped in recent years, it has become more rare among those without advanced degrees. For workers ages 21-64 without a high school diploma, the level declined from 31.5% in 1987 to 21.9% in 2003. The slide was less severe for high school-only graduates, falling from 43.9% in 1987 to 42.6% in 2003.

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health

But companies' lowest-wage earners have been hit hardest by the rising costs. According to the study, 46% of all low-income workers in large firms, those earning less than 200% of the Federal Poverty Level, go without insurance for at least part of the year. That includes part-time workers and new employees who may still be waiting to become eligible for a company's health plan. "The end result is that you can have people working side by side, some people with reasonably comprehensive benefits and those who don't have anything," adds Ms. Schoen.

Behind the trend is a broader, longer-term shift in the labor market. The share of workers in manufacturing jobs, which traditionally have come with relatively generous benefits, has dropped 11 percentage points at larger companies since 1987, making room for jobs at retailers and other large service-industry companies. The labor forces at those companies tend to experience higher turnover, earn lower wages and consist of more part-time workers.