>If that hypothesis is true, then they can use that hypothesis to explain the existent phenomena
Why would that be the case? It is true that supply/demand largely explains what happens in the job market. It is also true that there are are socio/political/cultural forces at play. For example, supply and demand is not a good explanation for why you can't come into most work environments in your undergarments.
> For example, supply and demand is not a good explanation for why you can't come into most work environments in your undergarments.
Sure, when we get to ridiculous cases. But things just short of that, supply/demand is a huge contributor to. Showing up to work in shorts and flip flops? How acceptable this is depends a lot upon how hot the job market is.
Of course, no matter how hot the demand situation is-- it is never going to cause one to tolerate behavior so egregious that it scares away other employees and makes the supply picture worse.
Showing up to work in shorts and flip flops? How acceptable this is depends a lot upon how hot the job market is.
That's really more of a cultural question, though, where the culture obviously takes the kind of job into account. Specifically, showing up to a programmer job in shorts and flip flops is going to remain accepted in most places even when the job market gets less hot, until culture changes for some unrelated reason.
The supply-demand situation is only relevant when people are going against the culture.
I was disagreeing with the one-sided claim, "The situation is pretty much dictated by supply/demand and both sides take advantage."
But you said something more balanced which I agree with: "It is true that supply/demand largely explains what happens in the job market. It is also true that there are are socio/political/cultural forces at play."
Why would that be the case? It is true that supply/demand largely explains what happens in the job market. It is also true that there are are socio/political/cultural forces at play. For example, supply and demand is not a good explanation for why you can't come into most work environments in your undergarments.