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 Originally Posted by OngBonga
The problem is, and I say this with experience, is that a large percentage of the unemployed, well it doesn't make economical sense to employ them, because they cost the employer more in wages than their value.
Excellent point.
The optimal way to develop wage-earning skills is through entry-level training and all the subsequent on-the-job training. So, we should want to be in a place where entry-level trainee employment is dirt cheap. This would mean low to no minimum wage, not overschooling, the lower the regulations the better, and lots of other stuff.
In my estimation, the best thing we could do is make it so the concept of internship is the standard for entry-level.
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