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by SSilver2k2 1704 days ago
Wages haven't gone up, and prices still went up.
2 comments

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...

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.