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by imtringued
3557 days ago
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I don't even know why the term shortage is even used in the context of potential employees. If potential employees are scarce then salaries will continue to rise until more people decide to pursue that job. Generally shortages happen if the government decides to implement price controls. If I want to buy bananas for $2.50 and bananas sell for $5.00 in the grocery store. It's not a shortage just because I can't afford it. If the government decides that bananas should cost $2.50 then producers will stop producing their goods because of a lack of revenue. This is a shortage. |
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Web development does not generally fall under this umbrella, however.