Peter Cappelli

Peter Cappelli analyzes the link between a college degree and a job that will pay the cost of college, and how parents and students can find out what different colleges actually deliver.

Peter Cappelli, professor of management at The Wharton School and director of Wharton's Center for Human Resources, workforce issues columnist for Human Resource Executive Online, and author of Why Good People Can't Get Jobs:The Skills Gap and What Companies Can Do About It, talks about the implications of  changes in US employment relations as they are presented in his new book.

Four years ago, the United Auto Workers Union allowed the three Detroit auto makers to put in place a two-tier system for paying employees, which allowed them to continue to functioning and stay in business as they struggled to stay afloat. New hires were given a salary around $14 an hour, while their tier-one counterparts were making almost double that. The system has helped increase employment in Detroit and kept the auto giants from tanking, but many people say it's unfair.