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0 pointsadam_arthur3y ago0 comments

I wouldn't divide it between skilled and unskilled. It's more a product of supply and demand.

Unskilled labor can have decent bargaining power if there's a shortage of unskilled labor.

It just so happens that there tends to more frequently be shortages of skilled labor

0 comments

> Unskilled labor can have decent bargaining power if there's a shortage of unskilled labor.

Not really, because that’s the definition of unskilled: it takes no special skills to do the job. So if there’s a shortage and wages go up dramatically then skilled labor can take its place. (The opposite is not possible/ advisable though.)

adam_arthurOP3y ago

Being willing to do the job is a hurdle on its own. And there is variance between employee quality for "unskilled" labor too.

E.g. think about customer facing roles and social skills/aptitude. Having all friendly/nice employees can drive greater revenue for a business. Chick fil a and costco are famous for hiring friendly employees, can have meaningful results for the business

busterarm3y ago

And plenty of businesses have gone the other way and decided that the personal touch of being greeted by a human being provides less business value than a computer. E.g., McDonalds, Wendy's, your grocery store.

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