Re:American Firms Want to Keep Older Workers a Bit Longer
by ryandrake on Friday December 16, 2016 @08:36PM
(#13198577)
I actually agree with you to an extent. We need to start talking about this in terms of a market that can't efficiently set a price--not in terms of a "shortage of workers".
Re:American Firms Want to Keep Older Workers a Bit Longer
by maverick_iceman on Friday December 16, 2016 @08:57PM
(#13198672)
What if that price is below minimum wage?
Re:American Firms Want to Keep Older Workers a Bit Longer
by cmdrfred on Friday December 16, 2016 @11:14PM
(#13199159)
Or below the cost of living? Why bust your ass to live in your patents basement anyway?
Re:American Firms Want to Keep Older Workers a Bit Longer
by randomdata on Saturday December 17, 2016 @04:48AM
(#13200026)
Price is the measure of where a buyer and seller agree. If sellers are rejecting bids because "Why bust your ass to live in your patents basement anyway?" then the price could never be that low.
The concept of "under-employed or out of work" is pretty meaningless if you don't mention the price you're willing to take for that work. Unless they're saying they literally can't find work at any price-That would be a real shortage. Otherwise, maybe you need to just accept a little less money to find work nowadays.
The price argument works both ways.