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re: Why aren’t wages rising rapidly if there are 6 million job openings?

Posted on 6/19/18 at 7:31 pm to
Posted by YumYum Sauce
Arkansas
Member since Nov 2010
8323 posts
Posted on 6/19/18 at 7:31 pm to
Im in commercial construction.

Although our workload has increased, our rates we can charge have not (yet) increased. If the demand for specialty subs keeps increasing then yes we will be able to charge more.

At that point, we will be able to pay our laborers more.

A business only has so much capacity.
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 6/20/18 at 7:10 am to
quote:


At that point, we will be able to pay our laborers more


Able to but they won't necessarily get a significant increase
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