It doesn't matter how price sensitive your product is, you can raise prices a little and pay people a little more to help with hiring. There's a point of equili

It doesn't matter how price sensitive your product is, you can raise prices a little and pay people a little more to help with hiring. There's a point of equilibrium somewhere. "Labor shortage" is just a tactic to get someone else to help with the problem in a way that doesn't require increasing pay. It's the hiring equivalent of "don't miss this exclusive sale!"