Re:Tech salaries largely unchanged as skills shortages continue
by suryong on Sunday August 13, 2023 @08:42PM
(#37116178)
Here in Finland they are screaming WORKER SHORTAGE too, but when you talk about salary, suddenly there is no shortage. It's interesting view of the market that when there is a shortage, they should be able to import more and more workers from the outside so they don't have to increase the salaries, but when there is less demand, the salaries should also go down. By this logic they should never increase
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Re:Tech salaries largely unchanged as skills shortages continue
by astrange on Sunday August 13, 2023 @09:35PM
(#37116465)
This is a lump of labor fallacy - importing workers increases your salary because immigrants, being prime-age consumers with complementary skills to the natives, increase labor demand more than supply.
(They don't have complementary skills to themselves, so they're more likely to suppress wages of other immigrants, so the rational thing to do would be to shut each other out.)
Re:Tech salaries largely unchanged as skills shortages continue
by FirmwareBurner on Monday August 14, 2023 @07:20AM
(#37119722)
That's not how it works.