How is it that we have 8 billion people on Earth, and yet it seems like almost all businesses and services are short-staffed?

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How is it that we have 8 billion people on Earth, and yet it seems like almost all businesses and services are short-staffed?

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Anonymous 0 Comments

Businesses are in business to make money. It just so happens that providing goods and services is a fairly reliable way to make money. But it isn’t a no cost way to make money. There are expenses that businesses have. In order to make a profit, their income must be greater than their expenses. One of the few expenses that they have any control over is anything to do with labor. So, a lot of businesses try to pay as little as they can and still function as a business.

On the other side of the coin, the are simply a lot of really shitty jobs out there. Jobs that a lot of people simply wouldn’t choose to do, except for the fact that they need an income. But everyone has a price they’re willing to take to do jobs they don’t really want.

So that’s where the problem lies. Businesses are only willing to pay so much money in labor costs, and people want more compensation to do these jobs than they are willing to pay.

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