It’s easy to assume that when workers are in high demand and short supply, as with the current labor market, it’s a great situation for employees. Indeed, in many ways, it is. Workers have much greater bargaining power in this market compared with, say, the situation in 2008. They can demand higher wages and have more opportunities to find better jobs with other employers.
So, what possible negatives could exist in this dream market for workers?
Employees Facing Increasing Demands
