Errr... could the increasing healthcare costs to companies due to Obamacare and the increasing cost of complying with regulations not have anything to do with it?
But..but...but...Didn’t “O” tell us the economy is ‘doing great’?
For employers it’s a buyer’s market.
Boeing now wants masters degrees...because they can. And they’re not the only ones.
” with joblessness finally falling below 6 percent.”
there’s that lie again.
Right out of the gate, the article goes for an "Occupy Wall Street" take on matters.
BS. During the period when the "unemployment rate" went from 6.1 to 5.9 there was a net LOSS of jobs in the country. Somebody please tell me how that possible without cooking the books or having a significant portion of your population just suddenly die off.
1. Forget pay raises. Look at what the cost of employment to the employer is. Every penny of that cost that goes to regulation or taxation comes directly out of the employees pocket. If I started paying someone $15/hr with an additional cost of employment of $5/hr, and now that additional cost of employment is $10/hr, the employee has lost $5/hr to the government.
2. Unemployment has NOT gone down, only government statistics have. Lines on charts don't employ people.
3. With record numbers of people looking for meaningful employment, there is no natural pressure to increase wages. Wages are set by market forces, and those forces are absent.
It's not really the employer that determines compensation levels for its workers. Ultimately, it's the customer who dictates these things. This puts the employer in a position where the upward pressure on wages in a tight labor market (hypothetically speaking, as this is not a tight labor market) competes with the downward pressure on prices from customers.
I got myself a pay raise.
It involved finding a better job and resigning from the dead end one.
The first one got eaten by the increased Social Security tax. The second and third ones gotten by Obamacare Premiums (and we are supposed to save $2400?).
This year the Hospital announced that no one would get raises because of Obamacare.
Please join us and Vote your Displeasure at this Administration and their lying cohorts!
Because GREEDY CORPORATIONS are HOARDING their CASH!
At least that’s the only explanation I expect to hear for the next 2+ years.
“Why you haven’t gotten a pay raise”
15 million illegal aliens working for under-the-table cash peanuts.
If suddenly ejected en mass one day, voilà, 15 million new jobs for natural born CITIZENS instantly created. Oh, you say, Americans wouldn’t take those jobs? Sure they will if you raise the wages high enough, which by the way, cures the “minimum wage” problem overnight. See how easy it all is when you enforce the law and use common sense? You know, as opposed to the way Democrats do things.
I was given a 2.5% raise while the city workers were given 6 to 8% and fat pensions too.