The invisible hand refers more to how goods and services move, without any central planning, to where there is demand for them. Not so much about market equilibrium between supply and demand.
But yes, there are currently about 10m more jobs out there than workers to fill to them, and of course ALL workers benefit from that labor shortage, including illegal ones. You better believe day laborers outside Home Depot won't work for less than $15 an hour right now because they know they can get it. But the labor shortage is a relatively new situation. Sooner or later the situation will change and of course illegal unskilled workers will be at the bottom of the totem pole.
And there's not a lot of American protesters out there demanding they get a shot at the field workers jobs.
Current Events » in reply to You got it.
Day laborers standing outside near Home Depot
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- McCarthy sold his soul to become Speaker
- You seeing this shit?!
- Our House
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- He had a soul?