I wonder when it will occur to small, service companies to bid up wages & benefits to attract and retain unskilled labor. .
Posted By: pangloss
Date: Wednesday 5 June 2019, at 09:45 am Recommended by
The country's demographics is changing. The number of people in the age group that has typically filled those positions has leveled off. The same thing happened in Japan and a couple countries in Europe.
You suggest companies have "a ton of extra capital to put towards jobs and hiring." I think they're more likely to invest in productivity and automation. Especially if the supply of labor is level and wages are getting bid up.