Home Insurance Increases

John Mercier · 05-23-2024, 08:56 AM

The inflation is too much demand on labor, and not enough customer efficiency.
I live with it every day.

We can't find employees... and the customers will not change their pattern to be more efficient. In fact, they have chosen to be less efficient.

That causes more need for labor... and as the demand on labor increases... labor inflation takes hold.

Hence why large FED interest rate increases have not even created a dent.

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05-23-2024, 08:56 AM	#22
John Mercier Senior Member Join Date: Jun 2021 Posts: 3,567 Thanks: 3 Thanked 637 Times in 524 Posts	The inflation is too much demand on labor, and not enough customer efficiency. I live with it every day. We can't find employees... and the customers will not change their pattern to be more efficient. In fact, they have chosen to be less efficient. That causes more need for labor... and as the demand on labor increases... labor inflation takes hold. Hence why large FED interest rate increases have not even created a dent.