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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (342432)7/7/2007 6:43:51 PM
From: Road Walker  Read Replies (2) | Respond to of 1573682
 
re: Where's the wage pressure?

Good article.

My belief is that employment of illegals is very much changing the supply/demand situation and blunting wages. And my WAG is that it is skewing the unemployment rate numbers somehow.



To: tejek who wrote (342432)7/7/2007 8:46:29 PM
From: TimF  Respond to of 1573682
 
What rate of unemployment represents "no slack" is both variable and always uncertain. Things like changes in productivity, immigration, inflationary expectations, foreign competition, and other factors can effect wage demands and other factors of inflation.


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