> lowers the wages for high skilled positions This could be viewed in a lot of ways. In theory a severe labor shortage in an industry could cause a massive inc

> lowers the wages for high skilled positions This could be viewed in a lot of ways. In theory a severe labor shortage in an industry could cause a massive increase in wages. However that may not be sustainable long term and could lead to industry collapse if it can't compete with other countries who are not experiencing such severe shortage, or if the market demand drops significantly due to increased prices.