If You Pay Them, They Will Come


Here’s something you don’t see every day: a news article about employers who desperately want to hire more people but just can’t find workers with the right skills. Oh wait. You do see that every day. What you don’t see are articles which make it clear that a willingness to pay higher wages is all it takes to fix this problem:

Manufacturing wages are rising at a rapid clip in some major industrial states as shortages of certain skills and gradually falling unemployment rates force more companies to pay up to attract and retain workers.

….“What we mainly need is welders,” said Terry McIver, chief executive and owner of Loadcraft Industries Ltd., a maker of parts for oil rigs in Brady, Texas….Dewayne Roy, head of the welding program at Mountain View College in Dallas, said he recently had a waiting list of about 250 people seeking to enroll. One student, Logan Porter, 22, started working for a metal-fabrication shop in the Dallas area in February and is putting in 55 to 60 hours a week. He earns $17 an hour, but with time and a half for overtime, his weekly take-home pay typically exceeds $800. “I love the work,” he said.

….Steve Van Loan, president of Sullivan Palatek Inc. in Michigan City, said job hopping is becoming more of a problem. “They get an offer for more money across town, and they’re gone,” he said. Wages on average at his firm, which makes compressors that power drills and other tools, are rising 4% to 5% this year, compared with 2% to 3% in recent years, Mr. Van Loan said.

How about that? If you pay more, you attract workers with the right skills. If you pay more, training programs start to fill up. If you pay more, you can steal folks away from your competitors.

Pay is the great equalizer. There are always going to be shortages of specific skills in specific times and places. But a long-term nationwide shortage? That just means employers aren’t willing to pay market wages. They should read their Milton Friedman. If you pay them, they will come.

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THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

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