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by goodpoint 1483 days ago
> Some goods and services that the poorest in society depend on are labour intensive and wages compose a high proportion of the costs

As you said, "some", and you are further restricting the fraction with "the poorest in society depend on".

But the article is about "US labor shortage", in general. And the market, in general, is very heavily influenced by big players.

> Shortages of workers in those sectors and inflating wage costs translate into higher prices that can disproportionately hurt those least able to pay more.

So, what's your point?
1 comments
simonh 1482 days ago
Rising wages and inflation can't just be dismissed as a problem for the rich, because Billionaires can pay for it all. We all pay for it. In particular this is I think short sighted:

>There NO labor shortage when many big companies belong to billionaires that get wealthier every day (even during Covid). ...

The caveat after that about small companies was added in an edit after I pointed that factor out.

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