Unskilled Capital

by evanmcmurry

Today in things you already knew:

News stories have been filled with reports of managers of manufacturing companies insisting that they have jobs open that they can’t fill because there are no qualified workers. Adam Davidson at the NYT looked at this more closely and found that the real problem is that the managers don’t seem to be interested in paying for the high level of skills that they claim they need. (via)

Again, you already knew that. But now you know know it.