Comment by nitwit005
2 days ago
If you have a high skill role and aren't willing to pay for those skills, it's natural you have a "shortage of workers". But, the problem is just the pay.
The normal fix for companies that can't afford to hire, is to let them go broke.
What if there are 100 people for a job and there are only 50 qualified workers in the country? (Assume the constraints in this hypothetical are true.) There is no amount of money the employers can pay to reach equilibrium.