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> The effects of the pandemic are not specific to the computer programming industry. Every industry in every area is experiencing a post-pandemic talent shortag
by forrestthewoods 5y ago
> The effects of the pandemic are not specific to the computer programming industry. Every industry in every area is experiencing a post-pandemic talent shortage, and the solution is going to be the same in every case: raise wages.
Companies can’t raise wages beyond what they have. Gamedevs will never be able to compete with FANG because most games devs lose money and FANG profits billions per quarter.
Grocery stores can’t hire fast enough. They also earn less than $5000 annual profit per employee. So they can’t raise wages without also raising prices.
Now you could say “then those places deserve to go out of business”. Maybe so! But that doesn’t mean a profitable business that can afford larger wages will magically rise from the ashes.
The current jobs situation is really really weird imho. For both fancy white collar jobs and low wage jobs.
- karmelapple 5y ago> So they can’t raise wages without also raising prices. How much would they have to raise prices? A few pennies on a bag of rice or flour, or a carton of eggs? If prices went up 1% on every single item in the store as a result of bumping up salaries, although it won't go completely unnoticed, I'm guessing the majority of buyers would not change anything significant about what they purchase.