this post was submitted on 26 Aug 2024
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There is no such thing. In a capitalistic free market, the price of labour is set by the market. If the demand is more than the supply, that’s not a bad thing, that’s just the short amount of time that labour has some leverage, and it’s destroyed with increasing supply.
Thank you. You get it. The problem isn't a labour shortage, it's a pay shortage. Rather than increase wages along with the demand for labour, they get cheap labour rubber stamped from overseas because the government lets them.