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> Outside of the moral implication, this doesn't even logically make sense. If I'm reading his point correctly ... He's saying there _was_ an employment crunch
by V-eHGsd_ 5y ago
> Outside of the moral implication, this doesn't even logically make sense.
If I'm reading his point correctly ... He's saying there _was_ an employment crunch, and companies were competing with each other for employees by raising wages. He supposes that an increase in gas prices means that people need more money, so there are more employee hours "to go around". Therefore, companies don't need to compete as much with each other to attract employees, so they can go back to not paying as much.
- awa 5y agoI think the point was since the stimulus money has stopped they don't have to compete with the government and with inflation these folks will need to find a job.
- ashtonkem 5y agoThis reeks of motivated reasoning on behalf of the manager, as this analysis makes absolutely no sense.
- ffggvv 5y agothere is a point that with inflation, people who thought they could retire are now realizing they are going to need more money and having to unretire.