It’s kinda hard to overwhelm the job market tho, at least if the economy is growing. In that case, more workers would likely facilitate growth, since the growing workforce will also have money to spend and create demand. If the market was already very competitive, things would be different, but developed countries are usually hungry for skilled workers. Demographics dictate this will only become more true as time passes
It’s a pretty complex situation, I really have no position. I just think I’ve seen some funny things like:
“low-skill jobs is a myth created by the rich to justify low wages”
and then others saying:
“Illegal immigration doesn’t affect the average wage of Americans because immigrants go for the low-skill market while Americans go for the high-skill market”
It’s kinda hard to overwhelm the job market tho, at least if the economy is growing. In that case, more workers would likely facilitate growth, since the growing workforce will also have money to spend and create demand. If the market was already very competitive, things would be different, but developed countries are usually hungry for skilled workers. Demographics dictate this will only become more true as time passes
It’s a pretty complex situation, I really have no position. I just think I’ve seen some funny things like:
and then others saying:
Which is pretty similar to the meme.