Final answer:
The demand for high-skilled labor in the ICT sector is rising because of advancements in technology and globalization, favoring jobs that can utilize new technologies effectively and creating more opportunities for high-skilled workers globally.
Step-by-step explanation:
Most jobs that are in the highest demand in the ICT sector require a mix of skills due to several factors influencing the job market. The rapid expansion of information and communications technologies has increased productivity, particularly benefiting those with high-skill levels such as business managers, consultants, and design professionals. These technologies have fostered globalization, thereby escalating international trade and opening global markets to high-skilled workers. Meanwhile, this demand shift has rendered lower-skilled workers more exposed to international competition, heightening the need for high-skilled labor in ICT. Information technology has transformed job roles and expectations, leading to an increased demand for high-wage labor that can effectively utilize and manage new technologies. As a consequence, IT professionals are expected to be adept in programming, networking, and maintaining complex systems. The market for low-wage labor, conversely, has seen a shift to the left as technology often replaces these roles and enables offshoring to other countries. This dynamic has resulted in greater wage inequality between low-wage and high-wage labor sectors.