5 ms·
> EDIT: all other effects can be ameliorated eventually by paying more. If there isn’t enough specialized labor for the role, the unspecialized labor will be in
by red-iron-pine 3y ago
> EDIT: all other effects can be ameliorated eventually by paying more. If there isn’t enough specialized labor for the role, the unspecialized labor will be incentivized to specialize themselves. If there isn’t enough labor in the local market, they will move there.
Proof in the pudding -- working at oil / gas / mining camps in Canada.
All you need is the ability to climb a ladder and be a proud 8th grade graduate; pay is $100k+ CAD, and often much higher for skilled or specialist roles with degrees and certs; easily 200k+ in some cases.
No shortage in finding bodies. Working conditions are brutal, long times away from home, and no shortage of Dear John letters, but there wasn't a shortage of labor.
When there is good $$$ on offer, people will line up around the block. Esp. if all it takes is a 2-week course at the local community college.