This would only make sense if there are a finite number of possible jobs and that more jobs are never added as an economy grows.
This would only make sense if there are a finite number of possible jobs and that more jobs are never added as an economy grows.
This would be interesting data to collect - given some field F, for each immigrant that enters the workforce, what is the delta between:
* The expected marginal increase in supply, from immigrants looking for jobs in F
* The expected marginal increase in demand, from immigrants (or non-immigrants identifying an opportunity) starting companies that need experts in F
And how strongly does that delta correlate with average salary in F?