Quote:
Originally Posted by bizaro86
I think there is going to be a big bifurcation. Jobs that can't be done remotely (retail, delivery driver, cleaner) will probably continue to grow in number. But supply of people available for those jobs will increase as people who used to have white collar jobs that can be outsourced will be competing for them. Things like payroll, some IT, call centers, etc are all going more and more offshore to save money. The cost of living in Canada makes Canadian labour uncompetitive in those areas. As those jobs disappear some of the people who used to do them will compete for "local" type jobs.
Higher end labour will still be in demand, and those who have a software engineering degree from Stanford will probably see their earnings rise much faster than inflation.
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Don't disagree with that. I think we'll also see the cost of those higher end degrees continue to increase dramatically relative to wages. This will become another source of income disparity. Getting into these schools will also become more difficult, and people will rely on padding their resume with ultra-expensive extra-curricular activities.