"It seems that for employers and their hirelings, there is always a labor shortage or a looming labor shortage" Of course, competition makes the prices go down

"It seems that for employers and their hirelings, there is always a labor shortage or a looming labor shortage" Of course, competition makes the prices go down, ergo, there is never enough competition. The only good price is 0 (or less). That is also true if you are consuming labour.