It's common in regulated professions where entry is gate kept.

To be clear, I'm not convinced we're in a general labor crisis. (Automation should release a lot of supply.) But claiming the concept is mythological is historically inaccurate. (See: raging inflation in mining towns and settlements, which were disconnected from large labour markets.)

> Amazon warehouse workers? Did they increase wages?

Yes [1]. And it's working in that they're managing to hire some people [2]. But productivity per employee is going down, which is directly feeding into increased prices to consumers.

[1] hhttps://www.cnbc.com/2023/09/19/amazon-adding-250000-workers...

[2] https://gadallon.substack.com/p/amazons-holiday-shopping-lis...