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    Home»Economy»One possible reason why the skill premium is declining
    Economy

    One possible reason why the skill premium is declining

    Press RoomBy Press RoomJune 25, 2025No Comments1 Min Read
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    This is especially true for those jobs that require the rudimentary use of technology. Until relatively recently, many people could get to grips with a computer only by attending a university. Now everyone has a smartphone, meaning non-graduates are adept with tech, too. The consequences are clear. In almost every sector of the economy, educational requirements are becoming less strenuous, according to Indeed, a jobs website. America’s professional-and-business services industry employs more people without a university education than it did 15 years ago, even though there are fewer such people around.

    Here is more from The Economist, quite a good piece.  Of course this is also a reason why smart phones are underrated.

    The post One possible reason why the skill premium is declining appeared first on Marginal REVOLUTION.



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