Salt Lake Telegram | 1925-05-09 | Page 10 | Money at Work

EDUCATION AFFECTS LABOR L-ABOR it il demand it 11 dease supply Wages are not likely to fall fail as IS long as IS education not only increases the demand for labor but also de decreases decreases de de- creases the supply Demand and and supply for labor fix wages In recent years ears various schools I and colleges have ha concentrated more or less on business education with the result that the number of smart business men has increased The striving of these added business business busi busi- ness men tow towar vari various us goals is bound to create creati an added demand for labor abor abor If It this new crop of specialists ape ape- fail tail the demand for tor labor will be only temporary If they ar are prosperous pros the demand will be per per- manent Through immigration restrictions only a limited amount of new labor can be expected so most of the jobs must be filled b by the present pop pop- Education again is fitting the laboring man for tor other Jobs thus decreasing the supply With an increasing demand for tor labor and a decreasing decreasIng- supply as the prospects for the future it is hard to se Sc how wages can decline Copyright 1 1925 Associated Editors Editors Edi Edt tors tora Inc