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To: trebb
The weak gain in employee compensation is quite surprising given the many labor market readings suggest the labor market is tightening,” said Kathy Bostjancic, an economist with Oxford Economics.

This is nonsense. We have 40 million plus out of work. Pray tell, WHAT tightening jobs marekt?

Actually, that trend goes back to the early 90s.

Wages have been flat for a long long time.

They try to sell us on the idea interest rates are very low, so it doesn't matter. The goods and services we need continue to cost more, so we have less buying power, effectively earning less.

4 posted on 07/31/2015 11:30:14 AM PDT by DoughtyOne (Moving day: June 16th, 2015. LEFT >>>HOPE and CHANGE>>> RIGHT / [DOPE and STRANGE stay home].)
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To: DoughtyOne

Absolutely right; when my employer tightened its belt, I tightened mine in terms of hours worked - it was the only way to get a meaningful “raise” (driving up my hourly salary). If I used to get paid twenty potatoes per hour, I could either watch it fall to 17 by leaving things unchanged or eke out 22 by working the minimum hours (outlined when I was hired years ago).


8 posted on 07/31/2015 12:05:52 PM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: DoughtyOne

This admin continues to pile lie upon lies. Obama damn sure cannot dazzle anyone with his intelligence so all we get is his attempts to baffle us with more BS.


9 posted on 07/31/2015 12:07:05 PM PDT by Lumper20 ( clown in Chief has own Gov employees Gestapo)
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