“This is not a market we have typically seen,” said Michael Stull, senior vice president at the staffing company Manpower North America. “We have not before seen unemployment drop, low participation rates and wages not move. That tells you something’s not right in the labor market.”Something's not right in the labor market? -- duhhhh! The reliance on free markets to balance workers and employers is faulty. Only organized workers in unions can redress the balance.
Saturday, July 8, 2017
It's the Attack on Unions Stupid: NY Times Doesn't Get Why Pay Lags Job Growth
U.S. Job Growth Picks Up the Pace, but Wages Lag Behind today's front page of the NY Times declares.