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I'd say it's not exclusive to any industry, there's a push for all industries to have highly elastic labor forces to adjust labor costs with even slight varianc
by Frost1x 4y ago
I'd say it's not exclusive to any industry, there's a push for all industries to have highly elastic labor forces to adjust labor costs with even slight variances in demand. Many of the labor shortages we see are a result of industries adopting business models that want high labor elasticity.
- Fargoan 4y agoThe oil industry is an extreme example. Everyone getting into it should know that. I've lived in North Dakota for most of my life and have seen it a couple of times.