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The black death wiped out huge swaths of the European population. As a result the supply of workers was low. When supply is low and demand is high, prices go up. Demand was also diminished (fewer mouths to feed) but not so much as supply, as certain sectors of the population were harder hit, especially the poor- i.e. peasants and serfs. As a result, surviving workers were able to charge more for the services. In the long term, the black death spelled the end of serfdom and paved the way for a stronger and larger middle class.

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Q: Did the black plague lead to labor shortages?
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