>But that's not the case, there simply are not enough employees right now. Anecdotally a few of my neighbors have quit their minimum wage jobs for higher payin

>But that's not the case, there simply are not enough employees right now. Anecdotally a few of my neighbors have quit their minimum wage jobs for higher paying ones. There are enough employees at those wages. I know two people who have quit the job market and are living with their employed SOs/parents. Raise wages and people will sign up.[0] [0]: https://www.bls.gov/news.release/pdf/empsit.pdf https://www.bls.gov/news.release/pdf/empsit.pdf The number of persons not in the labor force who currently want a job declined by 835,000 in August to 5.7 million but remains higher than the level in February 2020 (5.0 million). These individuals were not counted as unemployed because they were not actively looking for work during the last 4 weeks or were unavailable to take a job. (See table A-1.) I had a big argument with my friend who runs a small sales agency and complaining that he was not finding any sales people for minimum/commission wages. He was losing them to agencies that were paying a $15/hourly and was arguing with me that $15 was too much when you included commissions. SMH. Funny how "market rates" only work one way.