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The structural issue is that prices are not really elastic at both ends. The power imbalance between employers (who can get by with low-paid lower-quality work,
by toyg 5y ago
The structural issue is that prices are not really elastic at both ends. The power imbalance between employers (who can get by with low-paid lower-quality work, or just sit on the work until they find a perfect match without raising salary) and employees (who need a job today to pay for food and shelter) is a big anchor.
- WJW 5y agoI don't think that it's quite so clean-cut as you say: - Employers will have deadlines they must meet, regardless of whether they can find a translator at the price they would like before that time. There will be contractual penalties if they cannot manage this. - Potential translators don't have to work for peanuts as a translator even if they need a job "today" to pay for food and shelter. There are jobs in other industries which may pay more than translation.