abstract: 'The promises of D. Trump to return jobs to the American workers put the

  problems of employment in the focus of his economic policy. After the

  Trump''s first year in White house the job market feels nice with

  employment indicators growing and unemployment going down. The Tax Cuts

  and Jobs Act (2017) makes it more attractive to do business both for the

  American and foreign firms in the United States; and benefits those

  American companies that do their business at home. There is little doubt

  that lowering taxes, limiting regulation can reduce employer''s costs,

  and stronger economic growth would increase employment opportunities.

  However, this process cannot stop long run trends of globalization;

  technological, demographic influence on the labor force participation,

  jobs polarization. The US economy has long been moving away from mining

  and manufacturing industries towards service sectors with less median

  wage and lower access to employer''s benefits, to medical, pension and

  other programs. The paper focuses on job polarization with rising

  inequality between different groups of employees. The structure of

  employment in the US had sharply polarized over the past two decades by

  qualification, education; with expanding job opportunities, both for

  high-skill and low-skill occupations and decreasing opportunities for

  middle-skill workers. Meanwhile the tax cuts and regulation cuts are

  coming hand in hand with budget cuts for supporting education and

  training which could weaken the possibilities of low income persons to

  gain education and skills that the labor market values. So far, current

  administration''s policy may deliver impulse for more jobs, coming with

  economic growth, but eventually the social bad political polarization of

  America may become deeper after Trump''s presidency than before.'
affiliation: 'Lebedeva, LF (Corresponding Author), Russian Acad Sci, Inst USA \& Canada
  Studies, 2-3 Khlebny Per, Moscow 123995, Russia.

  Lebedeva, Liudmila F., Russian Acad Sci, Inst USA \& Canada Studies, 2-3 Khlebny
  Per, Moscow 123995, Russia.'
author: Lebedeva, Liudmila F.
author-email: Liudran@mail.ru
author_list:
- family: Lebedeva
  given: Liudmila F.
da: '2023-09-28'
doi: 10.20542/0131-2227-2018-62-11-77-86
files: []
issn: 0131-2227
journal: MIROVAYA EKONOMIKA I MEZHDUNARODNYE OTNOSHENIYA
keywords: US; employment; workplaces; inequality; globalization
language: Russian
month: NOV
number: '11'
number-of-cited-references: '32'
orcid-numbers: Lebedeva, Liudmila F./0000-0002-4464-2916
pages: 77-86
papis_id: 57eca3fb192d16928f7631f8085d4be6
ref: Lebedeva2018creatingjobs
researcherid-numbers: Lebedeva, Liudmila F./S-6937-2016
times-cited: '1'
title: 'CREATING JOBS UNDER TRUMP''S POLICY: PRIORITIES, REALITIES AND RISKS'
type: Article
unique-id: WOS:000451900000008
usage-count-last-180-days: '0'
usage-count-since-2013: '13'
volume: '62'
web-of-science-categories: International Relations
year: '2018'