Home Global Non-tradable sector wages track high-skilled tradable sector wages

Non-tradable sector wages track high-skilled tradable sector wages

Latin Americans working in the non-tradable sector (as in construction, transportation, hotels, or education) earn much more than workers in low-skill tradable sectors such as agriculture or low-tech manufacturing. Read why this is so, here–>http://wrld.bg/Luxn308zZfn

Non-tradable sector wages track high-skilled tradable sector wages

Recent data on hourly wages in Latin America and the Caribbean (LAC) reveal that Latin Americans working in the non-tradable sector (as in construction, transportation, hotels, or education) earn much more than workers in low-skill tradable sectors such as agriculture or low-tech manufacturing, and…