The unskilled labour market is a lot of people. Using Canadian job data, assuming “service” jobs to be “unskilled” and “goods producing” to be “skilled” that’s 14M to 3M jobs.
Take just 20% of the unskilled jobs market and turn it to skilled jobs you almost double it to 5.8M
I don’t think you can almost double the skilled labour market and not have negative consequences, there’s not that much demand.
I don’t believe that’s how it works. Right now there is a ton of demand for skilled labor and I don’t foresee that changing
The unskilled labour market is a lot of people. Using Canadian job data, assuming “service” jobs to be “unskilled” and “goods producing” to be “skilled” that’s 14M to 3M jobs.
Take just 20% of the unskilled jobs market and turn it to skilled jobs you almost double it to 5.8M
I don’t think you can almost double the skilled labour market and not have negative consequences, there’s not that much demand.