According to a recent analysis, there is a shortage of American blue-collar jobs, which begs the question, why do people get college degrees for jobs that do not exist?
When the government tries to create jobs, it somehow only winds up creating new regulations.
Yet and still, there may be a mismatch between what universities like to teach and the labor force.
Over and over again, we seem to see that when political, media and academic elites agree on something, it stands a very good chance of not being true.
Evidently, immigrants with college degrees are more likely to be working in Starbuck’s than Americans in America.
It is a sign of an awakening economy when jobs go begging. It is also an indication of the futility of higher education today.
Following the “no good jobs without college” mantra to it’s logical conclusion, one might conclude that if some higher education is good, more is even better.
When you look at the data, you find that, as usual, the current wisdom is not necessarily the case.
Basic economics and reality confound college professors, such as public perception of jobs and economic growth.
Lisa D. Cook, a Michigan State economist who served on President Obama’s Council of Economic Advisors (CEA), took sharp aim at her old boss’s successor in an appearance at the Center for American Progress (CAP)…