• Wanderer@lemm.ee
      link
      fedilink
      English
      arrow-up
      3
      arrow-down
      11
      ·
      1 month ago

      Supply and demand.

      More supply of labour means reduced wages.

      Local businesses not being able to attract local talent at low rates should mean they increase their rates, instead they find labour from elsewhere that will work for that low wages.

      Wage suppression and lack of capital investment are huge underreported issues in the UK.