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brutus1213 | 1 year ago

That's pretty weird. Usually, less companies mean less demand for labor. If supply is the same, that means price-for-labor (salaries) would go down. Unless, this was accompanied by people leaving (reduction in supply). Do you have an explanation for this?

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DeathArrow|1 year ago

The salaries were growing. After that, some companies left for countries where they found cheaper labor.