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For one thing...the pay is often too low. Qualified individuals may be on the market, but not on the tech market. Same reason why so many Physics PhDs who can
by finance-geek 11y ago
For one thing...the pay is often too low. Qualified individuals may be on the market, but not on the tech market. Same reason why so many Physics PhDs who can program C++ in their sleep choose to go to Wall St instead of Silicon Valley. Labor sits on the periphery but wont dive in unless they get market pay.
- s73v3r 11y ago"For one thing...the pay is often too low." Sounds like something pretty easy to fix.
- finance-geek 11y agoThat is the central debate isnt it? The market fix is to increase wages until "shortages" disappear. The disingenuous fix is to claim there is a "shortage" and import workers to broaden the supply. That is great for hard-working foreign workers, but sucks for the domestic graduate pool that has a higher standard of living -- most Americans simply will not raise a family in a shared 2br apartment -- while that is common for immigrants. So they will instead seek better pay in other industries. This is all fine, but it is disingenuous to claim shortages when the real problem is a refusal to pay market wages.