Supply and demand at work in New Hanover County

New Hanover County Schools officials plan to raise pay for bus drivers in response to an ongoing shortage of qualified drivers.  WWAY reports,

Big changes are on the way for New Hanover County bus drivers. At a meeting Tuesday night, the school board voted to raise the pay for drivers.

School officials say this is part of a long-term plan to gradually raise bus driver pay. They also hope it’s an incentive that will help end an ongoing driver shortage.

So, demand is high but supply is low, so they are using financial incentives to address the shortage.  It’s almost as if there is an economic principle working here.

Terry Stoops / Vice President for Research and Director of Education Studies

Terry Stoops is the Vice President for Research and Director of Education Studies at the John Locke Foundation. Before joining the Locke Foundation, he worked as the progra...

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