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And still exert downward pressure on wages. Just by virtue of having more people in the pool.
by jagged-chisel 21d ago
And still exert downward pressure on wages. Just by virtue of having more people in the pool.
- willmarch 21d agoThis would only make sense if there are a finite number of possible jobs and that more jobs are never added as an economy grows.
- 10000truths 21d agoThis would be interesting data to collect - given some field F, for each immigrant that enters the workforce, what is the delta between: * The expected marginal increase in supply, from immigrants looking for jobs in F * The expected marginal increase in demand, from immigrants (or non-immigrants identifying an opportunity) starting companies that need experts in F And how strongly does that delta correlate with average salary in F?