richardhutnik said:
Clarify context you mean that, as if you mean a company hiring skilled labor will demand more labor, or do you mean the economy on the whole, because hiring skilled labor means that one person gets a normally higher paying job and that means they have increased demands put on the economy, which generates activity that requires increased hiring? Second, post some evidence to back up your claim. |
Education is just another form of capital. The more of it you have, the greater the productivity of the economy, wages rise, and thus so does everything else.
But, immigrants are slightly different from just normal trained citizens. Why? Because they're risk takers. Somebody who is going to risk everything to move to another country, is much more likely to risk everything in starting a business, or investing a large sum of money. It's not surprising that a large chunk of businesses, large and small, have their roots in migrant labour.
And, I'm not going to post evidence, no point. A simple Google search will provide thousands of articles, studies, and what-have-you disputing and agreeing with my point, so it proves nothing.
