Well, this was a long time coming.
When worker productivity increases were somehow disconnected from wages, causing wage stagnation while productivity grew, this crash in worker availability and labour shortage was set up.
Honestly, I am surprised it took this long to arise, but here we are.
Dear big business: when you artificially suppress wages for decades, THIS is the result.
Enjoy the bed you have made.
Big Business is just fine. It’s the rest of us suffering. Check out their balance sheets.