News for hackers. Stuff that matters.
Re:Why is U.S. labor supply so low? by thrower123 on Sunday December 26, 2021 @11:32AM (#29693782)
There's an ever-increasing issue of people who are not able to provide value sufficient to justify their wages as those wages increase.
Re:Why is U.S. labor supply so low? by carapace on Sunday December 26, 2021 @11:47AM (#29693947)
That may well be true (FWIW I agree that it's a problem and it's getting worse), however, that's not a "labor shortage" or low supply of labor, eh?
Re:Why is U.S. labor supply so low? by JKCalhoun on Sunday December 26, 2021 @11:48AM (#29693955)
So the company was designed to fail if wages increased?
Re:Why is U.S. labor supply so low? by quesera on Sunday December 26, 2021 @01:04PM (#29694710)
All companies would fail, if wages were increased beyond a point.

The argument is about where that point lies with respect to a minimum, living, or worthwhile, wage.