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Article #1881

Re: MANUFACTURING EMPLOYMENT DROPS TO 1962 LOWS!!!!

#1881
From: Jim Blair
Date: Tue, 27 Aug 2002 17:51
59 lines
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>Jim Blair wrote:
>.
>.
>.
>> I see it this way: those with less skill and less education are losing out
>> to those with more education or greater skills.

Peter Lawrence <peterl@netlink.com.au> wrote:
>
>Unfortunately this doesn't actually tell us that more skills etc. will help - 
>because it doesn't distinguish between tendencies to increase product and 
>tendencies to poach jobs. The issue is discussed at http://www.faxfn.org.

Hi,

It depends on the kind of training, kind of education, and kind of 
shortages in the job market.  

>... In 
>fact, it is quite easy to describe a self consistent scenario which is 
>consistent with the above, in which the search for skills means less product; 
>it's when people go into training etc. and divert resources into it that only 
>match their MARGINAL gains but not the absolute increase in GDP (if any). The 
>losses show as an externality.


Sure if the shortages are in math and science teachers, and doctors, 
nurses, and the schools are turning out English majors specializing in 
18th  century poetry or  Gay and Lesbian history .....

>
>So that raises the question, how can we tell which case applies? PML.
>

In our local paper yesterday there was a letter published in reply to an 
article on the increase in low paid workers in Wisconsin, and on how hard 
it is to get by on less that a "living wage".

The letter was from the president of the Wisconsin Health and Hospital 
Association.  He pointed out that anyone who completes a 2 year degree 
program from MATC or other technical college in any of a variety of health 
care programs (nursing, radiation technology, med tech, medical record 
administration, etc) can be assured of a career with a family supporting 
salary.

The family next door to me is considering moving to another part of the 
country.  They are looking where he can find a job. As he said, while he 
may be limited, his wife is a nurse: she can get a good job anywhere they 
decide to move.


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From: Jim Blair <jeblair@facstaff.wisc.edu>
Newsgroups: sci.econ,misc.invest.technical,uk.finance,aus.invest
Subject: Re: MANUFACTURING EMPLOYMENT DROPS TO 1962 LOWS!!!!
Date: Tue, 27 Aug 2002 17:51:59 +0000 (UTC)
Organization: UW-Madison
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