4 ms·
> lots of jobs and low competition? You can't have both!
by brianwawok 4y ago
> lots of jobs and low competition?
You can't have both!
- sowbug 4y agoI interpreted the phrase as high demand with low supply. Such conditions can exist, but not indefinitely.
- brianwawok 4y agoOr there is a high barrier to entry. GP doctors in the US are both High Demand, and Low supply. But they have a very big barrier to entry, namely: a) It's incredible hard to get into and graduate Medical School in the US b) Medical schools have a very strict limit on the number of students, thus gating supply. c) For only a little more work than being a GP, you can be a specialist doctor and make much more money. Would not see this changing without a law change or something major.