Currently, most companies don’t recruit people from distant places. They hire from the local population, which means that for the most part, hiring moves people around a local area and doesn’t create price pressure unless the local industries are growing significantly or salaries are increasing significantly.
If companies started hiring globally, there would be increased pressure on prices as the locations of successful companies had a steady stream of people moving in.
Your comment above is saying the opposite thing.
Currently, most companies don’t recruit people from distant places. They hire from the local population, which means that for the most part, hiring moves people around a local area and doesn’t create price pressure unless the local industries are growing significantly or salaries are increasing significantly.
If companies started hiring globally, there would be increased pressure on prices as the locations of successful companies had a steady stream of people moving in.