Companies start charging for employee training
(archive.ph)
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Well, that's an accurate name. I get it, they don't want to invest money and not get anything out of it but that's just the risk they take.
How many people have moved or turned down job offers to take a position only to be laid off a year later? Nobody is proposing that the company that laid them off pay a penalty due to the lost opportunity or moving expenses that ended up being wasted.
You could theoretically have a contract provision for that. Same for these training costs. Of course, the issue is that the company has vastly more bargaining power and can impose such a requirement on you, while you (unless you are a star) cannot extract a promise to refund moving expenses.
The real issue is that the moment labor have power to force better wages, better benefits, and better employee contracts, the Fed magically decides that inflation is being caused by increasing wages (and not green new deal energy policy or mindlessly printing trillions of dollars). The solution? Jack up the rates in order to indirectly shit on labor in the name of “tackling inflation”.
Another issue: these sorts of global interventions only happen on behalf of global corporations. No one cares if runaway labor costs destroy your small town business.
The Federal Reserve is a private corporation owned by bankers. It's something of a moot point since the same people also control the government, but in any case they do what's good for them. People are just cogs.
The fed is autonomous with oversight from congress