Tech labor

Learning and Wages in High-tech Labor Markets

Using a new data source on the reservation wages of IT workers, we argue that IT workers often accept lower pay in exchange for acquiring new technical skills on-the-job. This drives a wedge between workers’ pay and their perceived market value that is a) larger for IT workers than for other professionals, b) larger for midcareer IT workers, c) increasing in job tenure and d) larger for IT work...

Immigration and the Tech Industry: As a Labor Shortage Remedy, for Innovation or for Cost Savings?

Immigration and the Tech Industry: As a Labor Shortage Remedy, for Innovation, or for Cost Savings?

The two main reasons cited by the U.S. tech industry for hiring foreign workers­­remedying labor shortages and hiring "the best and the brightest"­­are not supported by the data, even after excluding the Indian IT service firms. Instead, the primary goals of employers in hiring the foreign workers are to reduce labor costs and to obtain "indentured" employees. Current immigration policy is caus...

High Tech versus Low Tech Training

The United States Marine Corps has some of the most advanced weapons systems and training in the world, yet they make extensive use of “low tech” training tools. Sand table exercises and tactical decision games are used by Marines all over the world, at sea and on land. Although the U.S. Department of Defense has a nearly $18 billion annual training budget, the Marines choose to teach decision ...

Tm ' Tech

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