> complaining about driver shortages but not increasing wages
This is the core truth in virtually every "<worker> shortage" story. It's true for every profession, every occupation, every market. Pay a market wage and the problem goes away.
What the headlines really should be is "Rapid change in wages causes headaches for employers".
I mean, it's true that short term shocks to wage levels (and covid has been one hell of a shock) cause disruption to markets. That's worth covering. But the root cause is not and never has been a "lack of people", it's that the population of people willing to work at the now-sub-market wage is smaller than employers want.
> What the headlines really should be is "Rapid change in wages causes headaches for employers".
It's more like employers are feigning a labor shortage because they want access to the cheap and abusable visa labor they exploited before the pandemic.
This is the core truth in virtually every "<worker> shortage" story. It's true for every profession, every occupation, every market. Pay a market wage and the problem goes away.
What the headlines really should be is "Rapid change in wages causes headaches for employers".
I mean, it's true that short term shocks to wage levels (and covid has been one hell of a shock) cause disruption to markets. That's worth covering. But the root cause is not and never has been a "lack of people", it's that the population of people willing to work at the now-sub-market wage is smaller than employers want.