Be­come wealthy

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10 jobs to earn big bucks –

Pro­fes­sor Mavro­maras says an in­crease in sup­ply usu­ally leads to prices de­creas­ing.

But the trend has not oc­curred with an in­crease in skilled work­ers and their salaries.

‘‘I think it means we are hav­ing more jobs that need skills,’’ he says. ‘‘That’s what keeps the wages up. ‘‘But at the same time we are hav­ing more peo­ple with more skills, which stops the wages from in­creas­ing too fast.’’

Pro­fes­sor Mavro­maras says one of the rea­sons why the num­ber of peo­ple with qualifications has in- creased is be­cause peo­ple with skills or qualifications are paid more and work­ers are turn­ing to study to earn a higher wage.

He says so­cial views also, to a de­gree, have led to more peo­ple study­ing as more mid­dle and low so­cio-eco­nomic fam­i­lies en­cour­age chil­dren to study at uni­ver­sity to im­prove their so­cial stand­ing.

The strive for an ed­u­ca­tion also is steer­ing stu­dents to­wards vo­ca­tional ed­u­ca­tion be­cause em­ploy­ers are de­mand­ing staff have all the skills to get on with the job, rather than learn­ing only what they need to on the job.

‘‘Em­ploy­ers want work­ers with qualifications who know what (skills) they want them to know,’’ he says.

‘‘They also know that some qual­i­fi­ca­tion provider has worked on these peo­ple and screened these work­ers so they do know skills. ‘‘It’s not just so they are trained. ‘‘Qualifications are a sig­nal to em­ploy­ers in the labour mar­ket.’’

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