this post was submitted on 07 Dec 2023
41 points (100.0% liked)

Futurology

1805 readers
70 users here now

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] possiblylinux127@lemmy.zip -1 points 11 months ago (1 children)

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

[โ€“] Pyr_Pressure@lemmy.ca 3 points 11 months ago

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.