Malinvestment in Human Capital (thinkmarkets.wordpress.com)
- Highlight Loc. 5-7 | Added on Sunday, December 11, 2011, 07:12 PM
It is a widespread problem: the article reports survey results showing that 83 percent of manufacturers reported a moderate or severe shortage of skilled production workers. The shortages include such categories as machinists. Wages for skilled labor are rising, in some cases at double-digit rates.