Understanding the Market for Skilled Technical Workers

This slide deck was presented on May 18, 2017 as part of a National Academy of Sciences conference on building America's skilled technical workforce. This presentation covered understanding the market for skilled technical workers. Topics discussed include: adequate (optimal) supply of skilled technical workers; as a nation, are we developing a sufficiently skilled technical workforce; economic evidence and its limitations; economic model: labor demand shifts and supply adjustments; and what might limit the adjustments: demand and supply factors, and market failures.