To: kosciusko51
No, mfg jobs growing rapidly. Lots of high wage jobs.
Real unemployment falling.
There is no wage inflation (although Americans’ household income is at RECORD highs) because we are still catching up from a massive 20 year worldwide DEFLATION.
18 posted on
06/01/2017 11:52:50 AM PDT by
LS
("Castles Made of Sand, Fall in the Sea . . . Eventually" (Hendrix))
To: LS
I can tell you from personal experience that there is no wage inflation because most Americans work in industries where they are constantly competing against automation in more and more positions. A company that used to hire 10 people to do Job X is able to get by with only 8 or 9. They may keep 10 on board for now, but if one or two leave for higher wages elsewhere they simply will not be replaced.
I have had about a half-dozen peers of mine (including me) leave their jobs voluntarily since Donald Trump was elected. In almost every case, we ended up leaving a good job and taking another job that pays less but offers a whole lot more reward in other ways.
To: LS
If Trumps gets rid of the H1b and other work visas....wages will shoot up.
55 posted on
06/01/2017 5:42:39 PM PDT by
TomasUSMC
(FIGHT LIKE WW2, WIN LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM.)
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