Quote:
Originally Posted by jammies
This. There is a difference between a shortage of skilled/educated workers, and a shortage of unskilled workers. For the latter, if the wage and benefits are high enough, you *will* attract enough workers. When companies say "we can't get enough workers in these crappy manual labour jobs!" what they are really saying is "we don't want to pay enough to make these jobs sufficiently attractive in the job market to draw people away from other alternatives."
Which is fine, just don't complain about it when that's the decision you make. That's how capitalism is supposed to work, where there is a shortage, prices go up, but it's amazing how many corporations and people think that should apply only when the shortage is in their favour.
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O & G companies are the culprits in rising labour costs...they are so inefficient and make so much profit they can throw dollars at more people instead of trying to make their companies more efficient. What this does is all the small businesses then either need to charge the same rate and kill all hopes of profit or hope their employees won't leave for higher paying work.
And the fact is,the market dictates prices so it isn't like companies can hire at an increased wage and then increase prices...we would get slaughtered by Out of Province businesses.
O & G is also the reason the economy is strong in Alberta so it is a Catch 22.
Hence why Immigration Laws need to relax...too tough to find local ppl willing to work at less than inflated prices due to O & G.