> By your logic entire concept of labour shortage is outrageous because any shortage will clear with high enough price. Per wikipedia: https://en.wikipedia.org

> By your logic entire concept of labour shortage is outrageous because any shortage will clear with high enough price. Per wikipedia: https://en.wikipedia.org/wiki/Shortage#Causes https://en.wikipedia.org/wiki/Shortage#Causes In a perfect market (one that matches a simple microeconomic model), an excess of demand will prompt sellers to increase prices until demand at that price matches the available supply, establishing market equilibrium. In economic terminology, a shortage occurs when for some reason (such as government intervention, or decisions by sellers not to raise prices) the price does not rise to reach equilibrium. In this circumstance, buyers want to purchase more at the market price than the quantity of the good or service that is available, and some non-price mechanism (such as "first come, first served" or a lottery) determines which buyers are served. So in a perfect market the only thing that can cause a shortage is price. So while it can happen, 99% of the time these articles are just some company complaining about the cost of labour which they don't want to pay.