High skilled or educated workers may face more difficulties in getting Essay

High skilful or educated histrions may face more difficulties in get employed compared to low skilled or educated workers - Essay ExampleOn the other chip in, in that respect is a need to scrutinise the new role of low-skilled workers in the current job and industry requirements. In order to get a succinct understanding of the market competitiveness for skilled workers as compared to their low-skilled counterparts, this motif begins by looking at the theoretical perspective of the issue. This is then followed by a critical abridgment of the many factors that influence market competitiveness for both skilled and low-skilled workers. Lastly, these factors are analyzed by utilize the case study of the labour market in the United States where skilled workers are becoming noncurrent to the advantage of the low-skilled and low-educated workers.One of the theory that explain the circumstance of the labour market where less skilled worker get hired than the skilled work force is the invisible hand theory. Adam Smith coined the barrier invisible hand denoting that the market should be free of interference from the government (Holcombe, 1999). However, the theory of invisible hand explains that market ought to be guided by the forces of demand and supply. Through this scarce resources are bound to be shared efficiently. This is also the circumstance in the labour sector. The forces of demand and supply supersede the skills more so where the market does not need specialised services (Holcombe, 1999). Therefore, the invisible hand theory explains the competiveness of non-skill workforce to that of skilled labourer (Holcombe, 1999).The high investment in higher education and skills necessary for a particular typesetters case of job is no longer fool proof of a better job. This is because the current market for skills is by and large driven by laws of supply and demand. For many years, there has been a contemporary belief that high-skilled workers are ofttimes gran ted high priority in the job market. However, low-skilled workers