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> And yet the wages being offered for these jobs haven't gone up. It's pretty hard to have a labor shortage if the remaining workers aren't seeing wage increase
by shawabawa3 13y ago
> And yet the wages being offered for these jobs haven't gone up. It's pretty hard to have a labor shortage if the remaining workers aren't seeing wage increases as demand exceeds supply.
Isn't it possible the jobs just aren't worth that much?
There could be hundreds of unfilled positions, but not filling the positions is only costing say ~$50k in revenue. It's not worth paying someone $51k for that position
- dangerlibrary 13y agoYou have described an equilibrium condition in which, by definition, there are not hundreds of unfilled positions.
- nickthemagicman 13y agoThat seems like a pretty good point. Especially considering I.T. is considered a cost center to most businesses.