Economics Dictionary of Arguments

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 Skilled Labour - Economics Dictionary of Arguments
 
Skilled labor: Skilled labor refers to workers who possess specialized knowledge, training, education, or experience to perform complex tasks. These skills can be acquired through formal education (e.g., college degrees), vocational training, apprenticeships, or extensive on-the-job experience. Skilled labor typically commands higher wages due to its relative scarcity and higher productivity. See also Relative wage, Wages, Wage gap, Production, Productivity.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.
 
Author Item    More concepts for author
 
Feenstra, Robert C. Skilled Labour   Feenstra, Robert C.

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Ed. Martin Schulz, access date 2026-06-08