Pat on Nostr: npub1psyu3…3pasy I wonder if this might boil down to simple supply and demand in ...

npub1psyu32rex4g3h8zvnqsf5jculys07nq7gsuuvv6wme4j0r7qd9lsh3pasy (npub1psy…pasy) I wonder if this might boil down to simple supply and demand in the labor market. When worker supply is plentiful (with a large underlying demographic such as USA Boomers), there are always some workers who will obey employers just to keep jobs. Employers exploit this and therefore call the shots, so to speak. When worker supply shrinks, then labor can take the upper hand. I am not an economist but I have observed supply and demand as a strong factor.