alt Hacker NewsEveryone already does. If a job involves picking up toxic sludge, commuting long distances, or any other badness factors, you're going to get paid more because the labor market will clear at a higher price. This is how all markets function, the labor market is no exception. I believe governments should fix market failures, but this isn't an example of a market failure.
You could maybe make an argument only for minimum wage jobs as a special case, because the price for labor can't freely adjust downwards if you force companies to also pay for commute.
The Efficient Market Hypothesis is an approximation at best, and fails hard at labor issues.
Employee salaries don't fluctuate continuously. In most cases, labor loading - the number of warm bodies paid to be there 9-5 - can't fluctuate much, quickly (with the exception of catastrophic business failure). Salaries and wages almost never go downwards for employees already hired. Etc.