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Here in Finland they are screaming WORKER SHORTAGE too, but when you talk about salary, suddenly there is no shortage. It's interesting view of the market that

Here in Finland they are screaming WORKER SHORTAGE too, but when you talk about salary, suddenly there is no shortage. It's interesting view of the market that when there is a shortage, they should be able to import more and more workers from the outside so they don't have to increase the salaries, but when there is less demand, the salaries should also go down. By this logic they should never increase

astrange 3y ago
This is a lump of labor fallacy - importing workers increases your salary because immigrants, being prime-age consumers with complementary skills to the natives, increase labor demand more than supply. (They don't have complementary skills to themselves, so they're more likely to suppress wages of other immigrants - so you could say the rational thing would be for them to shut each other out and you to encourage it.)
- FirmwareBurner 3y ago
  That's not how it works.
  - astrange 3y ago
    Do you have something to add?