Why talk of a skills shortage is overblown
Sitting in a medical clinic recently, as a young-looking nurse extracted blood from his veins, your columnist’s mind turned to the flexibility of the American labour market. How long, exactly, had she been on the job? The somewhat shocking answer: it was her first month. Six weeks of training was all it took, she explained, to make the transition from eyelash technician to phlebotomist, which offered higher pay and better hours.
The typical explanation is that the willingness mismatch has abated: Americans have re-entered the labour force, while companies have cut their help-wanted advertisements. Question everything That, at least, is the conventional story. But think about it for a second and it is does not sit quite right. After all, the Beveridge curve is supposed to depict the state of the labour market. If, however, the curve itself is liable to move around, as this story suggests, it surely cannot be of much use.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stacey Solomon emotional after boy says he doesn't like toysStacey Solomon was left feeling sad after Jacob told her his reasons why
Read more »
PSG star admits truth about why they got hammered by Newcastle UnitedNewcastle 4 PSG 1 - PSG star admits truth about why they got hammered by Newcastle United.
Read more »
Origins of ginger hair found in surprising 10 million-year-old animalWhy the pigment evolved is a bit of a mystery.
Read more »
Acting union calls out Hollywood studios for 'double standard' on AI useActors would get sued for violating their IP, why is the opposite not true?
Read more »
Sycamore Gap tree: The story so farAn investigation continues into why the famous tree along Hadrian's Wall was chopped down.
Read more »