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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (7189)	12/7/2002 3:05:42 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

OTOT I found an article with a chart of competing airline pilot salaries chronwatch.com Pilots staged a slowdown in 2000 that the airline reckons cost $700 million. For this lack of cooperation, pilots won what would become the most expensive contract in history: An immediate pay raise of 22% to 28%, and a 4.5% annual raise through 2004. This reminds me a little of that dockworkers situation. The tech workforce in this country, being largely contract, immediately reacts to mkt forces and consequently it is efficient. These other industries need some restructuring I'd say. Lizzie