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I think the point he's trying to make is that there is a skill gap, not a labor gap. We have plenty of people with degrees, but not enough with the skills they
by cushychicken 13y ago
I think the point he's trying to make is that there is a skill gap, not a labor gap. We have plenty of people with degrees, but not enough with the skills they need to fill the jobs at hand.
- mrxd 13y agoIf that were true, we'd expect to see wages rise.
- nickff 13y agoOnly those with valuable skills would see their wages rise, it is possible that the average STEM employee would not.
- moocowduckquack 13y agoDepends, if a skill gap develops, you can then have a corresponding drop in productivity which can depress wages.