Comment by jagged-chisel 7 hours ago And still exert downward pressure on wages. Just by virtue of having more people in the pool. 2 comments jagged-chisel Reply willmarch 4 hours ago This would only make sense if there are a finite number of possible jobs and that more jobs are never added as an economy grows. 10000truths 2 hours ago This would be interesting data to collect - given some field F, for each immigrant that enters the workforce, what is the delta between:* The expected marginal increase in supply, from immigrants looking for jobs in F* The expected marginal increase in demand, from immigrants (or non-immigrants identifying an opportunity) starting companies that need experts in FAnd how strongly does that delta correlate with average salary in F?
willmarch 4 hours ago This would only make sense if there are a finite number of possible jobs and that more jobs are never added as an economy grows. 10000truths 2 hours ago This would be interesting data to collect - given some field F, for each immigrant that enters the workforce, what is the delta between:* The expected marginal increase in supply, from immigrants looking for jobs in F* The expected marginal increase in demand, from immigrants (or non-immigrants identifying an opportunity) starting companies that need experts in FAnd how strongly does that delta correlate with average salary in F?
10000truths 2 hours ago This would be interesting data to collect - given some field F, for each immigrant that enters the workforce, what is the delta between:* The expected marginal increase in supply, from immigrants looking for jobs in F* The expected marginal increase in demand, from immigrants (or non-immigrants identifying an opportunity) starting companies that need experts in FAnd how strongly does that delta correlate with average salary in F?
This would only make sense if there are a finite number of possible jobs and that more jobs are never added as an economy grows.
This would be interesting data to collect - given some field F, for each immigrant that enters the workforce, what is the delta between:
* The expected marginal increase in supply, from immigrants looking for jobs in F
* The expected marginal increase in demand, from immigrants (or non-immigrants identifying an opportunity) starting companies that need experts in F
And how strongly does that delta correlate with average salary in F?