Tag Archives: labor management relations; supply and demand; economics; economy; labor shortage; monopsony; monopoly; conspiracy; corporations; noncompete clauses; no-poaching clauses; apple; tech; microsoft

Your Boss Is Conspiring With Your Would-Be Future Boss To Keep You From Ever Getting a Raise

The booming economy has created a labor shortage. So why are wages still low? Because employers are conspiring to make workers, even in low-wage sectors like fast food, incapable of leaving. Welcome to the era of monopsony-driven slave labor.