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The global economic race is strongly linked to educational performance and the OECD report shows how the UK's share of the highest skilled workers is falling.
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While government officials might emphasize the presence of high skilled workers, many can be found in low skill environments, including the oil, agriculture, and construction industries.
Meanwhile, the service sector demanded high- skilled workers, which, due to the short supply of local high-skill labor, were often immigrants.
In most countries the better educated and higher skilled workers are rewarded more for their work, but is this really bad?
You see stagnant wages for high skilled workers, when these companies tell you that they desperately need high skilled workers.
Paul Beaudry of UBC observes, "Many higher skilled workers have moved down the occupation ladder and accepted less challenging employment".
But on average one location may attract mainly low skilled workers whilst another attracts high skilled workers.
Nothing like the Bracero Program exists today but it could be created for low and high skilled workers.
I've watched American companies stagnate because of arbitrary limits on visas for high skilled workers.
Occupational level was categorized as (1) low (unskilled/unemployed workers), (2) medium (partially skilled workers), and (3) high (skilled workers).
In the late 1990s, the idea was that technology is skill-biased, favouring high-skilled workers and substituting low-skilled workers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com