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There's a second option I just recently understood in the "high employment == high wages" equation - employers can just wait longer for hires at the wages they're offering. And, based on the way employers keep the jobs posted for months or years, it seems to be working for them.

I guess in a way it's just another signal that the jobs being filled aren't that critical.

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I've always found it strange that the most 'critical' job positions are among the lowest paid / furthest down the totem pole.

I work for a medium-sized established tech company. We've been running without a CTO and Director of HR for > 6 months. Everything has run smoothly. We've even had open positions for mid-tier management that have gone unfilled for long enough that they were deemed 'unnecessary' and the req was closed.

However, we had two of our operations people (one step above entry level) leave, and our regional office almost tanked completely.

It's almost as if a CTO is around to make sure stuff like that doesn't happen...

No, it is literally operations people who are around to prevent that from happening. (facetious:) C-levels are around to look pretty and offer pleasant platitudes during board meetings.

In a lot of cases, a job opening listed for months or years reflects a company continuously hiring. I certainly know our office does that.

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