4 ms·
Or, we have too many people for the jobs that are hiring Americans. That pretty well explains both. Trump would be right to constrict access to H1B1 visas for
by PatchMonkey 9y ago
Or, we have too many people for the jobs that are hiring Americans. That pretty well explains both.
Trump would be right to constrict access to H1B1 visas for foreign workers in the US, in this case.
But we also have a problem of access to those coding bootcamps - everyone has a smartphone, not everyone has a modern desktop/laptop. As far as coding bootcamps, there's also this: https://medium.com/@melissamcewen/who-killed-the-junior-developer-33e9da2dc58c https://medium.com/@melissamcewen/who-killed-the-junior-deve...
The same in the field of law: https://www.nytimes.com/2015/08/25/opinion/too-many-law-students-too-few-legal-jobs.html https://www.nytimes.com/2015/08/25/opinion/too-many-law-stud...
Here's what employers are saying: https://www.usnews.com/news/articles/2013/03/28/surveys-find-employers-have-too-few-and-too-many-qualified-workers https://www.usnews.com/news/articles/2013/03/28/surveys-find...
But a realistic explanation? Monopsony: too few employers competing for workers with any given skill set. https://slate.com/business/2018/01/after-all-the-talk-about-a-u-s-skills-shortage-the-real-problem-may-be-an-employer-shortage.html https://slate.com/business/2018/01/after-all-the-talk-about-...
Monopsony is getting some attention: https://www.thenation.com/article/does-monopoly-power-explain-workers-stagnant-wages/0 https://www.thenation.com/article/does-monopoly-power-explai...
And here: https://www.pbs.org/newshour/economy/ask-the-headhunter/ask-the-headhunter-are-monopolies-on-jobs-keeping-pay-low https://www.pbs.org/newshour/economy/ask-the-headhunter/ask-...