"The thing it boils down to is the supply of well-trained educated labor at reasonable prices is just too great to ignore," said Mr. Black.
Hence unskilled (resp., non-educated) labor becomes a worse substitute for skilled (resp., educated) labor as quality increases.
Business outsourcing absorbs some educated labor but does little for the unskilled.
The obvious candidate is China, with its vast, cheap and increasingly educated labor pool.
Low educated labor force migration Finland, other Nordic countries, Yugoslavia Refugee migration Czechoslovakia.
These metros are all home to top-ranked colleges that churn out a steady crop of highly educated labor.
Demand for educated labor in an industrializing economy caused a gradual widening of inequality over the 19th century.
Credit an educated labor supply and a migrating population that is attracted to its robust economy and outdoor recreational opportunities.
Virginia still boasts a very favorable business climate, with an educated labor supply and solid economic growth.
Common themes for the business-welcoming metros include solid job growth, an educated labor supply and low business costs.
Relative to countries with similar income levels, the Lebanese labor force is well educated, with over a third of individuals having completed tertiary education (Robalino et al. 2012).
