good point. Price stickiness can apply to wages as well - it's often used to explain why it's supposedly difficult to decrease wages to keep positions filled du

good point. Price stickiness can apply to wages as well - it's often used to explain why it's supposedly difficult to decrease wages to keep positions filled during a recession, but I suspect in the current market the opposite is more often true: companies have a certain price point for labor in mind and are unwilling revise their payscale upward. It's a sinister version of your grandmother complaining about the price of milk, since large companies have a lot of leverage to distort the labor market.