Department Chair Chris Worswick Quoted in Bloomberg Story this Week
Department Chair Christopher Worswick was quoted in a Bloomberg story titled Cheap Foreign Labor Soars in Canada as Young Workers Are Left Jobless.
Professor Worswick was quoted from his co-written peer-reviewed work showing firms prefer temporary foreign workers due to their higher efforts for the same wage.
Here are the quotes from the article:
鈥淚n a sense what we鈥檙e doing is we鈥檙e subsidizing those activities by allowing them to bring in low-wage workers rather than make them pay a competitive wage,鈥
“Wages should go up until labor supply equals labor demand,鈥 Worswick said. 鈥淟abor shortages should be filled by wage increases. The only thing stopping a wage increase is the profitability of the firm.鈥
You can read the article on the . You can also read Professor Worswick’s work .