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Upside Down Labor Market

2018-12-28 00:44:47.706457+00 by Dan Lyke 0 comments

And here we see the results of Prop 13, CEQA, NIMBY, and all of the other forces conspiring to drive low wage workers out:

The trend is starkest in Sonoma County, where workers without a high school degree have a 0.2 percent unemployment rate compared to a 4.4 percent rate for workers with a bachelor’s degree or higher. Workers with a high school diploma in that county have an unemployment rate of 2.8 percent.

San Jose Mercury News: Silicon Valley worker shortage creates upside-down labor market — Less-educated workers have low unemployment in Santa Clara, San Mateo counties

[ related topics: Children and growing up Bay Area Astronomy Current Events Work, productivity and environment Economics ]

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