3 ms·
To me that's like saying there's not a housing shortage, just a shortage of people willing to pay what home sellers are asking. Right now, the US population is
by missedthecue 5y ago
To me that's like saying there's not a housing shortage, just a shortage of people willing to pay what home sellers are asking.
Right now, the US population is higher than it's ever been, but there are several million fewer workers than in 2019. That's the definition of a shortage.
- idiotsecant 5y agoWhere do you think they went to? They're still there, they just don't want to do crappy jobs for low pay. If you increase pay all of a sudden that 'shortage' seems to dry up. If I want a 2 dollar cheeseburger and all I can find are 4 dollar cheeseburgers is there a cheeseburger shortage?
- missedthecue 5y agoMany retired, and are unlikely to come back for any kind of raise. Others have had children. And pay has risen steadily. It doesn't seem very obvious to me why you think people were happy to work for $15/hr in 2019 but would rather earn nothing than $18/hr today. Wage examples taken from local small business hiring signs around my city.