scramble to cut hours and change operations,
"You couldn't pay me $20 an hour to work in food for the conditions we had to endure there," Drown said."After I left that location, five more people quit. Now, they are operating with online orders only and limited hours because they still can't keep up." Companies are facing a labor shortage, despite a 6% unemployment rate.
"It's going to be a shock to companies that are paying low wages," Wulfraat added."They're going to be the ones that are hit the worst, because all that low-wage labor is going to find a home elsewhere — where there's more money to be made." Credit Suisse analyst Lauren Silberman told Insider that companies are going to have to improve their pay, benefits, and culture to combat hiring difficulties. Companies' values are increasingly important to workers, Silberman said, making a chain like Starbucks that has invested in building a reputation of social consciousness potentially more attractive to workers than some of its fast-food rivals.
Profit margins still matter businessinsider
There will then be a simpler solution for patrons of these businesses you propose raise their payroll during a government induced economic closure - pay higher prices for goods and services
Nor is any business 'entitled' to cheap labour.
Better solution is for the government to pay people less ! People depending too much on Uncle Sam being their baby daddy
seems simple, no? if your business cant compete in the market...thats not the markets fault.
Ingenious😉
I just moved to your city, who wouldn't mind showing me interesting places?