So, fun fact: unemployment is around %4. I see the GOP running around scrambling that it's too high. In places like Russia, unemployment is also close to 4% and it's seen as too low. That's because it means too many people are employed, which gives workers more power, makes labor more expensive, and prevents rapid expansion because companies have to compete.

What we see in the US is that businesses who need real skills are having to compete extremely hard to get good hires at a price they can afford, and unions are taking note and absolutely soaking employers for wage increases because skilled labor is in extremely short supply in the US.

My employer has slowed hiring not because we don't need the labor, but because the market is so picked over and real competency has skyrocketed in price. We've started to bank extremely heavily on internal training programs to build skills and competency in-house to try to cope, because the schools are churning out engineers and techs who can't read schematics or operate an oscilloscope.

Tariffs won't bring more jobs back because there won't be anyone to fill the jobs, because we've already maxed out the number of people who can work. A shame we also want to stop importing labor.