Laeserin on Nostr: It's the same in logistics and increasingly also everywhere else. That's why our ...

It's the same in logistics and increasingly also everywhere else. That's why our butcher keeps reducing store hours.

Wage prices are sticky because non-wage prices are inflationary, and wages are easier to negotiate because it's a purely local market, while being harder to offload because of employment contract law.

So, there's a shortage of labor and declining real wages, simultaneously. 😬
Companies are folding under the pressure.