Quote:
Originally Posted by The Dad Fisherman
Isn't one of the complaints being bandied about lately been that unemployment numbers look good but the jobs are low wage jobs?
Wouldn't the jobs coming back to the US be more in the vain of skilled labor/Manufacturing jobs.
And if there are more jobs than people to fill them, wouldn't that cause employers to pay more to secure labor for those jobs, thus raising the average wages being paid.
Wasn't that another complaint that everybody was harping on as well.
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Sounds about right but when a new business comes to an area, I always hear that the new business creates x jobs but support and supply for the new jobs creates x times y jobs.
This is interesting, I found these while looking for the support and supply factor.
https://www.bloomberg.com/view/artic...p-s-tough-talk
https://www.bcg.com/publications/201...ica-again.aspx