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> America is building factories, but can it find the workers to operate them? With the jobless rate near a five-decade low, firms are already struggling to find
by hgs3 3y ago
> America is building factories, but can it find the workers to operate them? With the jobless rate near a five-decade low, firms are already struggling to find staff.
Classic case of supply and demand. If there is a high demand for workers and a low supply, then you need to pay higher salaries to attract them. If you can't, then go out of business. This is a feature of capitalism, not a bug. If the US gov. wants these chip factories badly enough then they can help subsidize paying higher wages. In doing so, they should have the right to audit, e.g. ensure the C-suites are not taking an unreasonably large paycheck.