Capitalism offers several good solutions for this.
In theory it does. But for whatever reasons, I don't think we're seeing an open, efficient, free labor market operating right now.
I've been surprised at how many local jobs have increased their wages substantially, even up to 100% increase from pre-pandemic levels, and offered signing bonuses and benefits, and are still going unfilled right now.
There's a certain segment of the population that left the job market in 2020, and just isn't coming back. They haven't
all made the transition from busboy or front office into successful online marketers and influencers, they haven't
all replaced old-market jobs with next-gen employment. A lot of them just simply haven't come back. And I have no idea how they're paying for food and rent and all of life's other necessities and requirements. Maybe they're all living in communes now?
But so far, even radical changes to market incentives, aren't moving the needle in a lot of cases.