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This isn't how governments or corporations define a labor shortage. Their working definition appears to be "businesses can't find workers at the (low) price poi
by pseudo0 4y ago
This isn't how governments or corporations define a labor shortage. Their working definition appears to be "businesses can't find workers at the (low) price point they previously could." This is typically then used as justification for undermining workers through increased immigration rates, temporary foreign worker programs, raising the retirement age, and other policy interventions that benefit the shareholding class over workers.
- randomdata 4y agoThat's not how anyone else defines shortage, though. It literally contradicts the meaning of shortage. So, when the message is spread to the people they are going to take from it that they aren't charging enough, even if that wasn't the original intent of the message. And, indeed, claims of a labour shortage do end up met with higher labour prices.