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Wages are already going up along with a skills shortage in the construction Industry. We are paying 10-15% more now for a qualified electrician full time.
Anyone owning a construction company who was landing contracts with bigger margins thinking it was all sunshines and rainbow - wait till you start trying to recruit workers and meet their salary/wage demands.
It is a jungle out there currently.
Yeah, wages in skills like trades are already moving, but it's worth noting there were shortages prior to covid for those, and they were creeping up at any rate, the jumps are bigger now because the shortages are greater due to higher demand.
I've been advertising for a mechanic now since late June with no success, despite offering wages up to well above market. Again it's been tight for a while, but it's f**king ridiculous here ATM, though part of that is a loss of workers due to the flood and merkins having nowhere to live.