We bring in 1.1 million legal permanent immigrants a year along with 640,000 guest workers annually. Immigrants are taking American jobs and depressing wages.
Supply meet demand.
Raise your salaries and you will have more supply.
Raise your salaries and you will have more supply.
No, they want cheap foreign labor to come in for low wages, subsidized by taxpayer funded social services.
Who'd a thunk it? lol
We bring in 1.1 million legal permanent immigrants a year along with 640,000 guest workers annually. Immigrants are taking American jobs and depressing wages.
Management today relies on outsourcing, H1B and third world immigrants to keep wages low.
The “cheap foreign labor “ that’s been imported isn’t doing their part.
There are plenty of low skilled people not working (our city has large Mexican and Somali populations) and plenty of entry level jobs open. Every store/restaurant in our area is hiring. Subway increased its hiring bonus from $50 to $100. Minimum wage is $9.00/hour. Precious few people are willing to work.
I work in food service-tips bring us over minimum wage but it requires more skills and hard work. We are seriously short staffed because no one is applying. Those that do (young people) usually quit after a month or so because it’s intense and demanding.
My 16 year old is a shift manager at a nearby fast food place right by a popular beach. Extremely busy and getting zero applicants.
Or simply, offshore the production.
>>Supply meet demand.
Raise your salaries and you will have more supply
Noooooo. Those rules only apply in the other direction! You must be anti-free market! /sarc
Most labor shortages can be solved by raising wages. But how high do the wages need to go? With how well not-working pays some products and services are priced out of existence due to the increasing labor cost it takes to match all of the freebies.
I have a product that makes money and justifies investment but only so long as my labor costs, total costs all in with taxes benefits regulatory overhead threat of lawsuits lawyer harassment etc, of $40/hr. (the worker sees about 35% of that in cash after his own deductions). Much higher than that and I cannot justify hiring someone.