3 ms·

That is the point I was trying to make. I don't believe their is a true shortage of talented workers, but I do believe large companies state that there is as a

• netcan 14y ago
  "Shortage" in an economy is expressed as higher prices. In almost any cases you will be able to find more workers if you are willing to pay an unlimited amount. There is no way of determining the "correct" price. The reverse is also true. More potential employees in the marketplace lowers salaries. If you take "you could find employees at a higher salary" as a proof that the shortage doesn't exist you'll virtually always have that proof. Under that definition shortages don't exist which feels like some sort of semantic trickery.
• avemuri 14y ago
  If companies are hiring workers who can't do the job just because they're cheaper, they're only hurting themselves. I'd imagine it's an unsustainable strategy. If companies are hiring workers who can do the job and are willing to do it for less than domestic workers, why is that wrong?