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“More competition for employees” translates into higher costs.
by delinka 9y ago
“More competition for employees” translates into higher costs.
- dasil003 9y agoAre you purposefully reiterating the GP's point? Because that's exactly why he's questioning it.
- delinka 9y agoI misinterpreted the comment as asking why Amazon would drop cities with strong job growth.
- nothotdog 9y agonot exactly: free market conditions from a theoretical perspective means "no individual's participation in a market will affect price" A large employer would prefer to be in a comparatively large market such that its hiring would not drive up costs. We're used to thinking of "a company town" as being a monopsony for employment, but this only works to the employer's advantage in unskilled labor markets.