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by JumpCrisscross
1003 days ago
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> how common is it to encounter this issue? It's common in regulated professions where entry is gate kept. To be clear, I'm not convinced we're in a general labor crisis. (Automation should release a lot of supply.) But claiming the concept is mythological is historically inaccurate. (See: raging inflation in mining towns and settlements, which were disconnected from large labour markets.) > Amazon warehouse workers? Did they increase wages? Yes [1]. And it's working in that they're managing to hire some people [2]. But productivity per employee is going down, which is directly feeding into increased prices to consumers. [1] hhttps://www.cnbc.com/2023/09/19/amazon-adding-250000-workers... [2] https://gadallon.substack.com/p/amazons-holiday-shopping-lis... |
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