4 ms·
Remote work expanding the pool of worker supply will cause wages to go down. If there are 100 people competing for a position, there is much less upward wage pr
by mym1990 3y ago
Remote work expanding the pool of worker supply will cause wages to go down. If there are 100 people competing for a position, there is much less upward wage pressure than if there are only 10 people. Conversely, there are now more jobs for remote workers to apply to, so they also have a larger supply of jobs to choose from, pushing wages up, theoretically. At the end of the day it’s probably closer to a wash than anything else.