And?

Demand for trained nannies has sent their salaries to record levels, with many earning as much as teachers, nurses or police officers.

So what? Isn\’t this what you would expect in a properly functioning labour market? Roughly equal skills levels command roughly equal wages?

One comment on “And?

  1. “….with many earning as much as teachers, nurses or police officers.”

    Well, if the teachers, nurses and police officers will keep behaving like nannies….

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