I wonder if the discussion of wages captures everything. Particularly for those we expect to "draw back in" to the labor force. Will a few more dollars an hour change things, or is there something about the nature of the positions that makes them unappealing to people out of the labor force?

Also, companies do have a ceiling on how much they can pay without raising prices, and to the extent you want to pay people fairly, you would have to raise wages for all your employees.