4 ms·

I wonder what will be the effect of this move. Are wages going to shoot up immediately because of labor shortage?

• xxxpupugo 7y ago
  It will be dependent on what business we are talking about. If the margin of profit is like low single digit, the labour cost rises too fast will just lead to the business to shut down. In more profitable business though, what you said might happen, like software engineering I would guess. Or the position goes remote.