I've been nagging about it for years, there are too many people and not enough jobs.<p>And it's one large reason why salaries have stagnated, especially in the service industry where there are numerous applications for a position, they'll simply get the lowest bidder who is capable enough to do the job.<p>Raising the minimum wage could help a little, but I suspect most will just cut employees and merge roles, and again find the lowest bidder.