1. According to the June 23, 2021 Wall Street Journal even though factory wages are rising there is still a shortage of factory workers. This means that:

1. Wages will have to increase to increase the quantity of labor supplied.
2. An increase in the minimum wage is the only sure way to bring this market to equilibrium.
3. The information being conveyed is that factory wages are still above equilibrium.
4. The quantity of labor demanded is lower than quantity supplied at this time.
5. None of the above.