deanrd
Gold Member
- May 8, 2017
- 29,411
- 3,635
- 290
- Banned
- #101
We can always improve the educational system. But the problem with Republicans isn’t the system, it’s Republicans.our educational system needs an overhaul from top to bottom. we're lagging behind coddling people vs. challenging them. we're also setting false expectations that you can feed a family by flipping burgers or spinning pizza dough.and people who are not educating themselves for such high paying jobs, want more for jobs that are soon to be replaced by machines/automation.As the nation closes on full employment, the number of jobs created has to be smaller.
If you go from 10% unemployment to 5% unemployment, you have to create a certain number of jobs.
To go from 5% unemployment to 2.5% unemployment, do you have to create the same number of jobs as you did to go from 10% to 5%? No! It is only half as many, assuming a static state.
To go from 2.5% unemployment to 1.25% unemployment, the number of jobs needed to be created is smaller than before.
It is a concept well explained by calculus in that the changes as you approach a limit will be smaller and smaller, each and every time.
If you start off at the goal line and go half way to the goal line on the other end of a football filed, will you ever reach it?
The answer is "no:.
Yep, you're right.
The other consideration is that as frictional unemployed workers find jobs, the pool of available labor that is QUALIFIED for job openings becomes smaller, which explains why we have a persistently high number of job openings as shown on JOLTS (7.3 million at last count).
Employers have jobs available, they are just having a hard time finding qualified people to fill them.
flipping a burger is not a $15 an hour job. an EMT paramedic is around that or even a little less per an hour. which takes more skill and education?
Emergency Medical Technician (EMT) / Paramedic Hourly Pay | PayScale
Exactly, The United States labor force composition isn't matching up with the skills that employers need, which unfortunately will ultimately lead to higher structural unemployment and lower labor force participation (and of course all the costs of supporting people that are essentially unemployable).
IMHO we need to get our shit together when it comes to education and job training or things are going to get really ugly, really quickly.
Survey: 59% of Republicans Now Think College Is Bad for America