Automation wage crunch: Tight labor market won’t mean higher wages for many

Automation wage crunch: Tight labor market won't mean higher wages for many

What do you do if your business requires a flexible workforce to meet seasonal demand but there are few workers available in a tight labor market?

If you’re a prospective employee, you would hope the answer would be raise wages to stay competitive.

Indeed, that’s traditionally been the response from employers when a surging economy brings prosperity and creates demand for workers. That engine has helped wages rise ahead of inflation during the good years.But for those on the lowest rung of the employment ladder, the engine is showing signs of seizing.I caught wind of a good example of this the […]

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