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Re:The rise of never-ending job interviews by sokoloff on Monday August 02, 2021 @03:50AM (#28033966)
So, in this hypothetical, the sector-wide union is preventing individuals who learn to create an additional $50K/yr in value from realizing the increase in pay which would otherwise accrue to them?
Re:The rise of never-ending job interviews by ptx on Monday August 02, 2021 @09:36AM (#28036316)
In return for wasting training on employees that will leave for other companies, the company is getting its employees trained for free by other companies in the same way. In aggregate everyone wins because employees now get training.

The union is ensuring that no company can ruin it for everyone.

Re:The rise of never-ending job interviews by anchpop on Monday August 02, 2021 @05:22AM (#28034537)
Yeah, or at least they aren’t able to capture the entire $50k/year in value. It kind of sounds bad but it’s a trade and there has to be something in it for both sides for it to happen.