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Isn't that what the "problem" is? Tight labor market => higher wages => people have more money to spend => higher prices. Wages are absolutely keeping up with i
by jliptzin 4y ago
Isn't that what the "problem" is? Tight labor market => higher wages => people have more money to spend => higher prices. Wages are absolutely keeping up with inflation or even surpassing it, I'm seeing it in jobs I'm hiring for. All my employees received a minimum 10% pay increase over the last 12 months. If your pay only went up 1% this year you need to find work elsewhere. With a tight labor market that shouldn't be hard.
- myth_drannon 4y agoNot everyone is a software developer. For example nurses, paramedics, daycare workes which experience extremely tight labor market the salaries are not going up. Actually they slashed the pandemic bonuses so the salaries are going down. They are bringing people out of retirement that are willing to work for the current wages. My son's daycare had a new educator who could barely walk with a cane(not to mention to lift a child) because yonger workers refuse to work for the low salaries.
- jliptzin 4y agoI am not talking about software developers, I am talking warehouse workers, customer support specialists, bookkeepers. If they're having trouble finding employees it simply means they're not offering enough money for the job. Ask what the CEO is paying himself if he's complaining about not being able to find workers. I post ads in the $25-30/hr range and get about 500 resumes in 2 days, plenty of qualified applicants to choose from.