Thank you for this response. I completely agree and get tired of the reddit tier “lol just pay more” hot takes. I think if paying more were the solution the lab

Thank you for this response. I completely agree and get tired of the reddit tier “lol just pay more” hot takes. I think if paying more were the solution the labor shortage would be over quite quickly. Around where I live wages have not only gone up for menial jobs, but companies are offering large sign on bonuses, guaranteed raise after x days, daily pay, and “job on the spot” interview slots every day. Somebody can walk in off the street and get a job at the local gas station making $15+/hr, a bonus, and a guaranteed raise if they stick with it. And yet they still cannot find anybody to work. Paying more might solve the problem on a micro scale, but at a macro level the shortage will remain. Unless there are a huge number of people sitting on the bench willing to get up at some specific threshold. But as you point out for many people there might not be any amount that would motivate them to get off the bench at this moment.