In addition to providing a pathway to legalize 12 million illegal immigrants, Gutierrez proposes to manage future immigrant flow by establishing a commission that ties foreign visas to labor market demand.
In the past we have argued that colleges have produced a surplus of college graduates (at least in terms of the labor market demand for workers with a college education).
China has been witnessing a mini-exodus of manufacturing to other countries in Asia and Latin America as labor costs rise and market shifts have demand for some goods heavier outside of the country.
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Like everything else, the labor market is governed by the laws of supply and demand.
The labor market is subject to the same laws of supply and demand as any other market.
Pent-up demand, new household formation, improving labor market conditions and price destruction are all factors which have supported gains in the home sales.
By becoming online workers, people like Ben Gran are overcoming labor market frictions: they focus on skills that are in demand, overcome geographic barriers and work at competitive rates.
High prices for the precious metal, price volatility, a fragile labor market, depressed real estate prices and volatile stock market all contributed to hesitant consumer demand and fragile consumer confidence, WGC said.
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Even if you hold everything fixed, there will be workers elsewhere in the world who at given the current supply and demand for labor in the U.S., and the resulting market wages, will find it optimal to move here and be hired.
Our fourth objective is to work with the interagency task force to align workforce programs funded by the Department of Labor and the Department of Education with market demands to help the task force identify and develop stackable credentials in high-demand industries, and to increase the use of technology to improve training.
WHITEHOUSE: President Obama Meets with Economic Recovery Advisory Board | The White House
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