2 ms·
Thin profit margins? Oh, boo hoo! So frickin what? The free market runs in both directions. When labour is available, businesses use it to cram down wages - “i
by rekabis 5y ago
Thin profit margins? Oh, boo hoo! So frickin what?
The free market runs in both directions. When labour is available, businesses use it to cram down wages - “if you don’t like it, find another job”.
But why is it, now that there is a wage shortage, we cannot use those same words back at businesses? “If you don’t like the lack of workers, increase the wage you are offering”?
Because that is exactly the problem. The free market is looking at the offered wages, and are showing businesses that those wages are not high enough in the simplest and most unambiguous way possible - with zero applicants.
And yet, businesses are squalling like spoiled, entitled babies that have just hit themselves with a hammer, and are blaming anyone but themselves.