Re:U.S. crude oil price tops $80 a barrel, the highest since...
by SSilver2k2 on Thursday October 14, 2021 @11:06AM
(#28865323)
Wages haven't gone up, and prices still went up.
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Re:U.S. crude oil price tops $80 a barrel, the highest since...
by 1cvmask on Thursday October 14, 2021 @11:17AM
(#28865469)
In California they have in 2 ways.
They have increased signing bonuses, starting salaries and some places have expanded their pool of applicants by "reducing" minimum requirements:
https://www.pe.com/2021/07/23/more-southern-california-emplo...
Re:U.S. crude oil price tops $80 a barrel, the highest since...
by alexgmcm on Thursday October 14, 2021 @11:17AM
(#28865478)
That makes sense if these price rises reflect real shortages of goods and not just more money in the economy.
Essentially, we are seeing cost-push inflation and it's not clear when it will go away given the supply chain problems.