Your word of the day: “boomflation”
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The economic gap between Americans with college degrees and those without has been growing for decades. That’s been driven in part by “degree inflation,” which puts millions with military, community college or on-the-job experience at a disadvantage, even in a tight labor market. Today, we hear from the nonprofits, companies and individuals trying to shrink that gap and prioritize skills over formal education. Plus: Permits point to a much-needed bump in home construction, the economy appears to be coping with COVID and a Brooklyn-based toymaker envisions the new Lego.
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