When news media whine about 'labor shortages' it simply means employers don't want to pay existing workers as much

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Posted by useful_infos on September 7, 2007, 8:24 am
 
Story at http://Muvy.org


Posted by Rod Speed on September 7, 2007, 2:22 pm
 
Mindless stuff. Its also seen when the unemployment rate is very low
and you dont even get any applicants at all for a particular well paid job.

useful_infos@yahoo.com wrote:


Posted by royls on September 8, 2007, 3:05 pm
 On Sat, 8 Sep 2007 04:22:12 +1000, "Rod Speed"


LOL!  Unless the qualifications are EXTREMELY narrow or the job
opening not publicized, that simply does not ever happen.  The actual
meaning of "labor shortage" is "wages not declining fast enough
relative to asset prices to suit the rich."

-- Roy L

Posted by Rod Speed on September 8, 2007, 3:46 pm
 royls@telus.net wrote


Corse it does, we have seen some employers desperate to get
qualified staff, who dont get even a single applicant in response
to their national ads, jobs as basic as truck driving etc.


Easy to claim, hell of a lot harder to actually substantiate that stupid claim.



Posted by Mark M. on September 8, 2007, 7:35 pm
 Rod Speed wrote:

claim.

Any job can be filled if you're willing to pay enough.  When employers say lower
wages are better what they really mean is they want to pay lower wages relative
to
other employers.  Low wages and high unemployment are indicators of a poor
economy
with high social service costs and high crime.  When wages are higher economy
wide,
workers can afford to consume more products, which translates into greater
overall
prosperity, lower social service costs, and lower crime.

Mark M.

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