Over the past 5 years I’ve worked at three different companies, they all were struggling to staff the office completely. Since I started at each one they substantially raised wages, yet still struggle to hire talent while continuing to lose staff. They can’t do this forever , so will there be a harsh downturn where a lot of companies go out of business suddenly? Will they stay in business, operating with fewer and fewer employees while wages continue to increase with inflation? Wondering how this will all end up.