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That is a very popular sentiment, but entirely without basis in fact.

It requires there to be a large pool of highly qualified candidates who don't work in the industry right now (and more likely completely unemployed) who would want to work in the industry if the conditions were "just right".

But such a pool just doesn't exist. All employers can do, especially considering wages, is to try and poach candidates from competitors, other industries, other countries.

There clearly is a perception of depressed wages. I believe this mostly is an issue of a distorted labor market. There seems to be an issue of collusion among employers not entering into mutually harmful wage competition. Maybe regulations don't give employees enough power in the process. Unionization is also rare, and may not work in any case.




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