Tight job market causing costs to rise at FedEx

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4 thoughts on “Tight job market causing costs to rise at FedEx

  1. This is a great example of how “market forces” serve our economy so much more effectively than “government mandates”. Companies pay more because they have to in order to get the workers required to do the job. Both our workers and economy would be far better served if minimum wage were abolished and market forces were allowed to work unfettered.

  2. Mark H, I agree. Aside from the weird hours, it is a great place to work, and I hope they can successfully walk the tightrope of the regulations of the covid issues and the task of managing so many people to execute their business plan.

  3. The minimum wage is largely irrelevant right now, since almost every entry-level low-skill job pays north of $10/hour…most at $15 or so now, as evidenced by the daycare story last week (where daycare operators can’t find people willing to work for $12 anymore).

    1. 100% agree. Either pay employees or go out of business. We lost a bunch of employees at my job due to this. They found better paying jobs. I’m sitting on the fence to leave or stay.

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