11. China is Stabilizing the US & World Economy China is the Largest buyers of US Treasury bills China owns $1 TRILLION US bonds China will increase by 25% per year for next 20 years More than ½ of the population of China is under the age of 25.
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15. The job market is changing, and the required skills to compete in that job market are changing.
16. It was completely the opposite in 1950 – with 65% of the jobs being for unskilled, and skilled being about %15.
17. In 1950, about 50% of the jobs were for unskilled labor and only about 30% for skilled labor. But in 2014, it is projected that unskilled labor will only account about 5% of the jobs and skilled labor nearly 75% of jobs