Of course they don't; every time wages rise in a particular sector, this is seen as a "labor shortage" that has to be corrected. In order to differentiate themselves into a higher "class" of labor equivalent to what their parents were doing, those same 30-year-olds were forced to spend another 4-8 years in expensive schooling before they could enter the job market.
The solutions in the article are laughable. "Better education", ie more expensive & longer. More transfer payments (how does this address wage growth?).
Reduce entrance to the labor pool and allow people in that labor pool access to jobs regardless of the paper they hold.
The solutions in the article are laughable. "Better education", ie more expensive & longer. More transfer payments (how does this address wage growth?).
Reduce entrance to the labor pool and allow people in that labor pool access to jobs regardless of the paper they hold.