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by ipaddr
895 days ago
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People with lower education level have a smaller pool of jobs available. Those overlap with people traveling for work from places with a lower economic standard. A lack of migrant workers means higher wages and more opportunity. It's why few on here get projects from upwork. A select few can specialize and demand US market rates while most compete with individuals happy to make $5 US an hour. Growing the economy doesn't mean it is going to trickle to the poorest. Often a country with a high growth rate has a large divide between rich and poor. Often a slower growth country funnels that wealth to the lowest in society. |
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