>This example certainly constitutes a "shortage", especially from the point of the employer. He has a demand which he can't fulfill. There are certainly locali

>This example certainly constitutes a "shortage", especially from the point of the employer. He has a demand which he can't fulfill. There are certainly localised shortages (hence the popularity of remote work) >they can only hire new people if they embark on a potentially ruinous wage Or cut profits or lower CEO wages to fund it, or move the company to a lower cost of living area. If your a software company your biggest expenses are probably staff and offices and well cheaper areas also have excellent connections to cloud services. You can pay half as much in salary in 1/4 area and everyone is better off.