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To: GraceZ who wrote (2170)4/26/2001 2:02:12 PM
From: AhdaRespond to of 24758
 
Employment costs include benefits costs, which are rising with the cost of health care and the aging population. Income was up last year though, but that figure included other types of income that aren't just wages.

I have a seen a reduction on the part of many companies in the employee benefit area. In some cases reduction of coverage in medical benefits ends up as the increase given in wages to employee, the cost to the company is nil. The end result of benefit to the employee is nil.

The biggest sign that employment is slowing was the newspaper guys on CNBC this morning complaining of the serious fall off of employment classified income.
Thank you for sharing this make sense.