Labor is like any other cost for a businesses and is subject to inflation too. Free Traitors should have seen this coming. The problem: Close all the factories and wealth creation and leave the USA with McService Jobs. You could see this coming from miles away.
Labor is worth what an employer is willing to pay for it. The prospective employee decides if that number is worth his labor or not. This is called the labor market and it works most efficiently without you or the government.