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> So, by your logic, demand for daycare workers should rise, supply hasn't grown to meet demand, so the wages for daycare workers should spike up. Exactly what
by manfredo 8y ago
> So, by your logic, demand for daycare workers should rise, supply hasn't grown to meet demand, so the wages for daycare workers should spike up. Exactly what you would "expect".
You're changing topics. In the previous comment you were talking about the price of daycare, now you're talking about the wages of daycare workers. Those are two different markets. Perhaps there's plenty of people willing to work as daycare workers, but there aren't enough daycare centers being opened because of restrictive permitting processes. So the supply of daycare workers is still high (and thus, wages don't go up) but the supply of daycare centers is insufficient.