In the News
Long term causes of the empty shelves crisis
19th September 2021
The Guardian's Felicity Lawrence suggests that the current supply chain issues are not a short-term phenomenon and date back to technological change and shifts in working patterns.
As a result, certain types of job, such as HGV drivers and harvesting fruit and vegetables, are no longer appealing and shortages in these areas simply reflect workers voting with their feet.
This article is ideal for Year 13 students wanting an application of the linkages between market structures, monopsony power of employers, and the importance of labour supply in driving costs and prices for many different goods and services.
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