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Truck drivers require a specific skill and license. There's a finite amount of those people at any point in time. If the number of jobs exceeds the number of wo
by meritt 8y ago
Truck drivers require a specific skill and license. There's a finite amount of those people at any point in time. If the number of jobs exceeds the number of workers, then we have an abundance of jobs in relation to the amount of human capital.
It's really not a difficult concept to understand.
- lopmotr 8y agoYou're missing the point. This has nothing to do with more drivers entering the market to return the numbers to any artificial "correct" number. If more companies wanted truck drivers more desperately, their pay would go up. Same number of drivers but they'd all earn more as employers compete to get what's available. Or if half of them quit, the pay for the remaining half would go up. Less truck driving would be done and fewer companies would need truck drivers (at the price they now demand).