The stats give me a headache, I'll look at it when I'm more clear-headed. thanks for the sauce, still. Workers are never paid the value of their work, that is why they are workers. If they wanted to be paid the value of their work, they would have been kitchen renovators and self-employed. You can't have the cake and eat it. You can't get job security and also dictate your own wages - what is this, pre-thatcher north england? Responsibility for what, the working conditions? The justice of the matter? It's an agreement between two parties. Who has the responsibility when you negotiate a price for kitchen renovations? You may not understand what I am implying with labor shortage, I'll explain myself better. When faced with a labor shortage, employers need to either - raise the attractiveness of the job, or automate and/or innovate. This pushes for more productivity and better wages for workers. For example, lets say you manage several kiosks around London and need to pay people to work there. There is only so much you can pay to your workers before you go over your budget, and there aren't enough applicants for the job. Then you either need to raise the pay, or close some of the kiosks. Alternatively, the owner could automate some of the kiosks - a large upfront investment, but it will save them on labor costs in the long-run. There's always the cop-out - allow migrants to flood the market, thus pushing the wages down, pushing rent and services up - you're screwing over the working class.Sure, here ya go. Businesses with >10 employees account for about 15% of private-sector employment. Companies with <250 employees account for about 40%.
The point is that workers are not paid the value of their work, or even anywhere close to it. Executives rake in hundreds of thousands to millions, while those who actually generate the value-- producers, manual labourers, craftsmen-- make a pittance in comparison.
The power dynamic between the two is at the very centre of the dispute. I am saying responsibility rests with the one who actually makes the decision, and who has the most power and room to move. The state of the labour market does not force the employer to depreciate wages. They make that decision themselves-- for unnecessary reasons-- if the labour market will get away with it.
The solution is not to starve the labour market of labour by putting in controls on migration. That would not fix the problem: the power imbalance still exists, the employer can still depreciate wages if they choose, and they will. The solution rests in empowering the worker, regardless of details such as their country of origin.
Highly-specialised workers such as renovators and specific workmen can usually ask quite a lot more for their work than factory workers, producers, farmers, etc. The reason is because they're usually self-employed or in joint ventures with one or two people-- they set their own rates, rather than having wages dictated by executives.