So what they are saying is basically large companies have a ridiculous margin and can raise wages (but will not, unless unemployment rate is too low because efficiency) and small companies will go broke or loose all of their workers if bigger ones raise.
That almost sounds like a systemic problem, ain't it?
That's someone properly refreshed, ready to do some quality work!
3 day week, 4 hour day is doable, but my goodness would it cause wild upward pressure on wage levels…
https://www.investopedia.com/insights/downside-low-unemployment/
Wage inflation is not good apparently…
So what they are saying is basically large companies have a ridiculous margin and can raise wages (but will not, unless unemployment rate is too low because efficiency) and small companies will go broke or loose all of their workers if bigger ones raise.
That almost sounds like a systemic problem, ain't it?