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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: ajtj99 who wrote (108804)2/23/2010 7:51:42 PM
From: marcher1 Recommendation  Read Replies (1) of 116555
 
"...2.5% annual wage increases..."

wages are negotiated at varying organizational levels, depending on the union. a local union reported that their wages have increased less than 2.5%/year over the past decade, as much of the compensation increase went to health insurance.

"...private sector employees losing health benefits..."

public sector employees have lost health benefits, too.

"...disparity between the public and private sector employees performing the same function..."

is your source for this percentage the think tank media release?

cheers!
marc
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