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>This is a pre-primed anger toward the customer. It is just supply and demand. The price for evening/weekend/overnight labor was only low due to do high suppl
by lotsofpulp 3y ago
>This is a pre-primed anger toward the customer.
It is just supply and demand. The price for evening/weekend/overnight labor was only low due to do high supply of labor relative to demand.
- toomuchtodo 3y agoAn economic system where people can only get closer to living wages now that surplus labor has left the labor force through death and retirement should expect forward looking challenges, to say the least. We can only hope the labor supply tightens further if that’s the only way some cohorts will see quality of life improvements. Prices are approaching true costs, very similar to how insurance prices are recalibrating towards proper pricing for climate risk. There is no guarantee discounted prices persist (energy, labor, insurance, etc). https://www.axios.com/2022/12/16/the-missing-workers-who-are-never-coming-back https://www.axios.com/2022/12/16/the-missing-workers-who-are... https://www.axios.com/2022/12/01/jay-powell-explains-americas-worker-shortage https://www.axios.com/2022/12/01/jay-powell-explains-america... https://www.businessinsider.com/baby-boomer-retirement-surge-spark-forever-labor-shortage-jobs-workers-2023-5 https://www.businessinsider.com/baby-boomer-retirement-surge... https://www.axios.com/2023/05/08/us-labor-shortage-older-workers https://www.axios.com/2023/05/08/us-labor-shortage-older-wor... https://www.axios.com/2022/09/03/a-deep-dive-into-the-labor-shortage https://www.axios.com/2022/09/03/a-deep-dive-into-the-labor-... https://www.axios.com/2023/08/27/labor-shortages-air-traffic-health-care-teachers-police https://www.axios.com/2023/08/27/labor-shortages-air-traffic...
- datavirtue 3y agoUm...you used to be able to get by on the wages. The baby-boomer population shrinkage is coming home to roost.