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by 0815test 2574 days ago
"Vast oversupply"? Wage levels/compensating differentials say otherwise. Plenty of highly-skilled (even STEM) workers are non-engineers, and they get high wages.
2 comments

Not in, to pick an arbitrary example, biotech.
I suspect there's price anchoring going on there. They don't actually need to pay such high wages. The unemployment rate amongst MBA people is over 30%.
> The unemployment rate amongst MBA people is over 30%.

I thought we were talking about skilled workers though?

(I kid, but only kinda)