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by dragonwriter
1052 days ago
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> There are specific labor categories that cannot be filled just by paying more. Maybe, but... > They require more training and experience. Well, sure, those have more lag (all market signals in the real, non-ideal, world have some), and to cut through noise and make sure the signal gets to the labor force, you may need to pay for the training and the work that provides the experience, as well as the target job itself. > Licensed tugboat captains are retiring/dying faster than new licenses are being granted Dying you can't avoid, but sufficient pay can affect the choice to retire. So, to the extent voluntary retirement is an issue, that suggests pay is also an issue. |
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