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Showing Original Post only (View all)KRUGMAN: The Fake Skills Shortage [View all]
Whenever you see some business person quoted complaining about how he or she cant find workers with the necessary skills, ask what wage theyre offering. Almost always, it turns out that what said business person really wants is highly (and expensively) educated workers at a manual-labor wage. No wonder they come up short.
And this dovetails perfectly with one of the key arguments against the claim that much of our unemployment is structural, due to a mismatch between skills and labor demand. If that were true, you should see soaring wages for those workers who do have the right skills; in fact, with rare exceptions you dont.
(the 'gang of 8' is pushing for a doubling of H-1b visas, right now)
http://krugman.blogs.nytimes.com/2012/11/25/the-fake-skills-shortage/
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we need awareness. People don't understand the problem--especially engineers who haven't been hit.
antigop
Apr 2013
#26
Years ago when I started working we were trained on the job. How come they don't do that now?
Harriety
Apr 2013
#9
The current generation of middle managers was trained to focus exclusively on the numbers
Lydia Leftcoast
Apr 2013
#14
Especially galling is that "Fiduciary Duty to the shareholders" is a MYTH.
HughBeaumont
Apr 2013
#46
"taught to...regard the prosperity of the shareholders as their ONLY priority."
woo me with science
Apr 2013
#57
When you glut the market, you drive down wages. When you over focus on degrees
TheKentuckian
Apr 2013
#59
Yes theres a shortage of Cisco network engineers willing to work in the $15-$18/hr range
undeterred
Apr 2013
#11
I keep getting calls from recruiters asking for senior mechanical engineers, with MSME, to
Flatulo
Apr 2013
#13
On a slightly related note, my son is getting his masters in paralegal studies this spring. He's
Flatulo
Apr 2013
#15
The Democrats like this because they can push for more education funding...
Spitfire of ATJ
Apr 2013
#18
What gets me is how Republicans put people in agencies to destroy them from within,..
Spitfire of ATJ
Apr 2013
#62
Different regions have different industries and attract different people.
Sen. Walter Sobchak
Apr 2013
#41
Yes and the one before that asked you what you were offering the hipster dickheads to move across
whttevrr
Apr 2013
#60
You are clearly having a conversation with someone else. Don't let me interrupt.
Sen. Walter Sobchak
Apr 2013
#63