|
Post by jacquelope on Nov 25, 2012 20:42:24 GMT -6
krugman.blogs.nytimes.com/2012/11/25/the-fake-skills-shortage/?smid=tw-NytimesKrugman&seid=autoThe Fake Skills Shortage Kudos to Adam Davidson for some much-needed mythbusting about the supposed skills shortage holding the US economy back. Whenever you see some business person quoted complaining about how he or she can’t find workers with the necessary skills, ask what wage they’re 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 don’t. So what you really want to ask is why American businesses don’t feel that it’s worth their while to pay enough to attract the workers they say they need.
|
|
|
Post by unlawflcombatnt on Nov 25, 2012 22:51:19 GMT -6
krugman.blogs.nytimes.com/2012/11/25/the-fake-skills-shortage/?smid=tw-NytimesKrugman&seid=autoThe Fake Skills Shortage Kudos to Adam Davidson for some much-needed mythbusting about the supposed skills shortage holding the US economy back. Whenever you see some business person quoted complaining about how he or she can’t find workers with the necessary skills, ask what wage they’re 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 don’t. So what you really want to ask is why American businesses don’t feel that it’s worth their while to pay enough to attract the workers they say they need. Right on, Jacquelope. This B.S. about not being able to find workers with sufficient skills is sickening. We have more unemployed college graduates than ever, more college graduates than ever, more unemployed skilled workers than ever, and still these greedy, slimebag big-business typhoons whine about not being able to find workers with sufficient skills. As you've pointed out, it's not about finding workers with the skills they need. It's about finding workers with the skills they need for the cut-rate wages they're willing to offer.
|
|