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Business, 16.04.2021 01:20 Jadamachado45

Growing income inequality between the skilled and unskilled workers in advanced nations, such as the United States, is a result of the decrease in the outsourcing of low-wage manufacturing jobs offshore and a corresponding increase in demand for unskilled workers. shortage of unskilled workers and an excess supply of highly skilled workers. increasing wage gap between developing and developed nations. wages for skilled workers being bid up by the labor market and the wages for unskilled workers being discounted. shift within advanced economies toward jobs where the only qualification is the willingness to turn up for work every day.

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