THE BIG MYTH ABOUT LABOR SHORTAGE....IS THAT THERE IS - TopicsExpress



          

THE BIG MYTH ABOUT LABOR SHORTAGE....IS THAT THERE IS ONE.... Some of the complaints about skill shortages boil down to the fact that employers cant get candidates to accept jobs at the wages offered. Thats an affordability problem, not a skill shortage. A real shortage means not being able to find appropriate candidates at market-clearing wages. We wouldnt say there is a shortage of diamonds when they are incredibly expensive; we can buy all we want at the prevailing prices. 1 1.Quoted from the Wall Street Journal
Posted on: Sat, 28 Jun 2014 18:20:56 +0000

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