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Most people have a price. How can you say there's a limited number of people willing to do that job?

• seanmcdirmid 3y ago
  All industries are suffering labor shortages. Sure, let’s just raise wages for everyone, but there are still a limited number of people overall. Across the board, in every industry, the only real solution is to raise productivity (from grocery stores using automated checkouts to police using drones), there simply isn’t any other reasonable solution (and nicely, with increased productivity should come higher salaries without causing bidding wars on a limited supply of labor).
  • heliodor 3y ago
    > "All industries are suffering labor shortages" That's basically saying that all companies are daydreaming about what they'd like to do if only they had more people. They're not willing to pay higher wages though, while inflation has gone up quite a bit in the last few years. So yeah, "labor shortage," in quotes.
    • seanmcdirmid 3y ago
      Unless you think there is lots of induced supply to be had, paying more won’t do much in increasing supply, you’ll just be taking workers from somewhere else, and if everyone pays more, it will just come out as inflation. Increased productivity gets around that, since fewer workers are needed, they can be paid more, and since they produce more, inflation is less of a concern. Incidentally, NYPD is pretty well paid, if you think they need to be making tech salaries…well, I’m not sure where to start with that. Someday this might be more of a tech career (think riggers from shadow run).