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In a supposed American model this means there should be more competition, right? And the companies will be happy to pay those increased wages to US workers?

(I'm being facetious devil advocate here.)

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:) They are having to pay higher wages. The wealthy in bigger cities are able to absorb these higher costs. It has a much bigger toll on the middle class in smaller cities because they have the same shortages, but less money to pay the increased costs.

There won't be more competition in the short term because still, only 3% of graduating high school students are even considering a career in the trades. It's going to take quite a while for the ship to turn around.

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