3 ms·
There's already a vast oversupply of high skilled non engineer white collar labor. Adding more would just exacerbate the situation
by pascalxus 7y ago
There's already a vast oversupply of high skilled non engineer white collar labor. Adding more would just exacerbate the situation
- 0815test 7y ago"Vast oversupply"? Wage levels/compensating differentials say otherwise. Plenty of highly-skilled (even STEM) workers are non-engineers, and they get high wages.
- dredmorbius 7y agoNot in, to pick an arbitrary example, biotech.
- pascalxus 7y agoI suspect there's price anchoring going on there. They don't actually need to pay such high wages. The unemployment rate amongst MBA people is over 30%.
- DuskStar 7y ago> The unemployment rate amongst MBA people is over 30%. I thought we were talking about skilled workers though? (I kid, but only kinda)