The Effects of a Sudden Stop in Low-Skilled Immigration: Evidence from Korea’s Guest Worker Program
Posted by eggbart_forgetfulsea
The Effects of a Sudden Stop in Low-Skilled Immigration: Evidence from Korea’s Guest Worker Program
Posted by eggbart_forgetfulsea
2 Comments
“What do you mean nobody is going to build the houses/take care of infrastructure/cook meals for us?”
Anyway, I really think Australia can learn a bit or two from this.
>Firms did not respond by expanding domestic hiring to replace missing guest workers. Instead, they adjusted by reallocating incumbent Korean employees toward lower-skilled tasks, contributing to occupational downgrading and significant wage declines.