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Re:Employee shortages: Where have all the workers gone? by jen20 on Saturday July 31, 2021 @09:05AM (#28017776)
> In a market economy there is no such thing as a "shortage" of workers

You need a license to drive a truck in the UK (the actual subject of the article). It takes a minimum of two months acquire [1]. Even paying a thousand dollars an hour does not magic more qualified candidates into existence at short notice as you appear to propose. The reason for the shortage is the trivially foreseeable effects of idiotic hard-line immigration policies, not market economics or “generous” safety nets.

[1]: https://www.get-licensed.co.uk/licence/hgv

Re:Employee shortages: Where have all the workers gone? by rapind on Saturday July 31, 2021 @09:29AM (#28017959)
I doubt it. If the pay was high enough and the term was long enough, you'd see interest from retired licensed drivers and licensed driver's who'd changed jobs. Then you have 2 months to train up and license new drivers.
Re:Employee shortages: Where have all the workers gone? by op00to on Saturday July 31, 2021 @10:14AM (#28018296)
Plus you can outbid others who are contracting owned and operator drivers.
Re:Employee shortages: Where have all the workers gone? by jansommer on Saturday July 31, 2021 @09:20AM (#28017891)
If the pay is good, demand is high and all you need is to go on a two month course, I'd bet a lot of unemployed people would be eager to do that. The "shortage" is indeed because of Brexit, but paying a thousand dollars an hour will most certainly magically summon workers en mass in a few months.
Re:Employee shortages: Where have all the workers gone? by dd36 on Saturday July 31, 2021 @09:34AM (#28018000)
Unless people see through it as a short term gimmick in an unstable industry.
Re:Employee shortages: Where have all the workers gone? by varjag on Saturday July 31, 2021 @01:10PM (#28019888)
Given the example of last two years, what are the chances people see through anything.
Re:Employee shortages: Where have all the workers gone? by dazc on Saturday July 31, 2021 @11:31AM (#28019009)
There are currently many more licensed UK drivers not working in the industry than there are vacancies.

Maybe ask why so many people have chosen to do other things such as amazon delivery or other such jobs that pay better, have better conditions and don't require regular medicals and certification, etc paid from one's own pocket?

Re:Employee shortages: Where have all the workers gone? by aix1 on Saturday July 31, 2021 @12:30PM (#28019551)
> There are currently many more licensed UK drivers not working in the industry than there are vacancies.

Do you have data to back this up (specifically for HGV-licensed drivers, which is what the post you replied to was talking about)?

I briefly looked for stats around valid HGV licences out there, but couldn't find any recent figures.

Re:Employee shortages: Where have all the workers gone? by dazc on Sunday August 01, 2021 @01:30AM (#28024015)
It was from a radio interview I heard the other day, not sure what the actual figure was or the official source. So, take my comment as unproven.
Re:Employee shortages: Where have all the workers gone? by kd0amg on Saturday July 31, 2021 @11:15AM (#28018837)
Raising prices doesn't only move toward equilibrium by increasing the quantity supplied -- it also decreases the quantity demanded.
Re:Employee shortages: Where have all the workers gone? by nradov on Saturday July 31, 2021 @09:32AM (#28017978)
There are people with commercial driving licenses who aren't currently working as truck drivers. They could be recruited if employers raised wages.

And a regular truck driver can be trained in a few months. It's not rocket science.

Re:Employee shortages: Where have all the workers gone? by RobertKerans on Saturday July 31, 2021 @11:47AM (#28019142)
> And a regular truck driver can be trained in a few months. It's not rocket science.

I get why you've said this, but I'm not sure this kind of flippant remark is helpful -- what exactly isn't rocket science? Is it the actual act of training a truck driver? Is it the act of writing down the things needed to get more truck drivers?

Actual process is non-trivial, expensive (you need to persuade people to leave their families), time consuming and involves a chain of other non-trivial time-consuming tasks that currently doesn't really exist (or is at least regionally bottlenecked).

Sure the market will probably eventually sort it out, but that seems neither a quick nor an efficient way of doing things in this case, where this was widely predicted years previous + is now critically required

Re:Employee shortages: Where have all the workers gone? by lovich on Saturday July 31, 2021 @08:14PM (#28022572)
> Sure the market will probably eventually sort it out, but that seems neither a quick nor an efficient way of doing things in this case, where this was widely predicted years previous + is now critically required

Isn’t the whole idea behind the benefit a free/freeish market provides that it is the most efficient system for allocating resources?

Mind you efficient != resilient

Re:Employee shortages: Where have all the workers gone? by RobertKerans on Sunday August 01, 2021 @11:11AM (#28026816)
I'm slightly leery of that. But to be fair to the markets here, gov policy + protracted negotiations + lack of concrete information + conflicting guidelines surely made it impossible for a market to actually function properly.

(to be fair to the gov, not sure how they could have operated differently without advising everything the remain side was warning against. Which would have worked I guess, but would have also been bizarre and probably tanked the economy [more])

So based in that, how can it efficiently allocate resources? Given time, sure, maybe in theory. Which is great unless you're a. a business that has actual costs now or b. a real person that needs to eat and pay rent now.

With above in mind, I don't think it's about resilience. Maybe that ultra-simplified answer works! But it seems a pat free market 101 answer -- ignore the context, market will fix it.

Re:Employee shortages: Where have all the workers gone? by rjsw on Saturday July 31, 2021 @09:39AM (#28018039)
> And a regular truck driver can be trained in a few months. It's not rocket science.

They still need to pass the tests, there is a backlog of people waiting to take them.