Measuring the State of America's Human Capital

More education is essential—but what kind of education?
A worker welds a cab for a 2015 Ford F-150 pickup in the body shop at the company’s Dearborn Truck Assembly facility in Dearborn, Mich. Photograph by Jeff Kowalsky/Bloomberg

Did the recession of 2007-09 destroy human capital by cutting short some people’s careers and delaying others’ from getting started? Or did it increase human capital by inducing young people to stay in school and get more education?

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