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To: bentway who wrote (260612)7/14/2010 12:17:23 PM
From: ValueproRespond to of 306849
 
"labor will be demanding higher wages to offset the lack of gains in the last couple of years."

<Really? With 10% unemployment? De massa, he done got de whip han..>

There are not presently some labor strikes around the country, and unions making headway after years of decreasing membership?

Look, I merely passed along information published elsewhere. Both that source and I make no claim to know what the future holds. However, and I expected as much, earning now being reported by corporate America are and will continue to be excellent over the next days and weeks. If corporations are making big bucks, do you think they can long continue to get away with the present wage structure even if they are not adding jobs?

Anyway, improved earnings are the first step toward expanding employment, should this trend continue.