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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (57689)	11/10/2009 11:50:43 AM
From: energyplay	Read Replies (1) \| Respond to of 217832

The San Francisco labor situation is different than the rest of the country. Housing prices in San Francisco and the immediately adjacent areas (about 5 miles) are very high, which limits the labor supply. The two major mass transit options, Bart to the East Bay and Cal Train down the Peninsula , connect to generally affluent and high housing price areas. And, the City government of SF is strongly pro-union. The better hotels are able to collect high room rates, and the unions are able to get somewhat higher pay. These strikes would be much less likely in San Jose. * * *** The comment that it is hard for wages to fall enough for the various labor markets to clear is valid.