(2017-06-18) Skills Gap Contra Wage Stagnation

Talk of a Skills Gap in the Labor Market is 'an incredible cop out'

But is there really a skills shortage? If so, why have median wages been stuck in a rut for so long? Why aren’t companies investing more in training and labor-saving equipment? Why aren’t they asking workers to work longer hours? It doesn’t add up, says Dean Baker, co-director of the Center for Economic and Policy Research, a liberal think tank in Washington.

there’s fascinating/depressing empirical research showing a 'skills gap' occurs because employers add and remove qualifications for the same job postings depending on the labor market, ensuring there is always a skills gap."