There’s an article at Fiscal Times that gets dangerously close to the truth about the supposed lack of skilled workers:
“The story that there is a structural mismatch between the needs of expanding employers and the skills of the people waiting on the sideline…is based mainly on anecdotal evidence from individual companies,” he said.
When business owners complain about having difficulty filling jobs, Burtless said, “What’s always surprised me is the business journalists who decline to ask the obvious follow-on question: Have you tried offering them more money? Better benefits?”
“It’s cheap to say there is a mismatch in skills. It’s a little more expensive to pay workers more,” he said.
I think we have yet to come to terms with the implications of the prevalence of two career families. That brings up an interesting subject. What policies are the best during periods of great social change? What if we enter a period in which society is always in a state of upheaval?