A simple idea, but it relies on "Ceteris Parabus". But, when the market all around lowers the price of labor(by whatever means), that standard below which employees will leave gets lower.
That lowering of the price of labor can become a 'race to the bottom". And it has, for 30 years.
If you're in a job where the pay has been decreasing, it's because you have no marketable skills. You need to take personal responsibility and make yourself more valuable to an employer.
I have been a Realtor in North Florida for more than 40 years. That means I've been self-employed, in one way or another almost all my life. I determined where I worked, when, and how much I need.
Decades ago I was working for a particular office. A very reputable office and I enjoyed working there. At a sales meeting, the broker announced that they were joining a franchise. It was a reputable franchise but one that offered me nothing and would cost me 7% off the top of my commissions.
After the meeting, I went downstairs, got in my car and went to pick up some boxes. I called my computer geek and went back to the office. Packed up all my files, made a call to another office and I moved in there that afternoon. My computer geek picked up all my computer stuff, copier, 2 printers, my fax machine and had it all set up in the new office that afternoon. The next day the phone company moved my private line. That same day our Multiple Listing Service moved all 28 of my listings to the new office.
Easy peasy.