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Marketwatch brings good news for the USA: American workers are finally reaping the benefits of the lowest unemployment rate and best jobs market in decades: Wages and benefits are rising at the fastest pace in a decade. Firms have sought to fill openings by offering better benefits such as more vacation time or flexible hours. When push comes to shove, they are offering higher pay. While bigger paychecks are great for workers, the US Federal Reserve is watching closely to see if rising compensation is stoking inflation. The Federal Reserve could increase U.S. interest rates if it becomes a big worry, but so far inflation remains relatively mild.
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Wages and Benefits are Rising at the Fastest Pace in a Decade
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
In Tulsa, Oklahoma, it is against the law to open a soda bottle without
the supervision of a licensed engineer.
(Score: 2) by Thexalon on Monday August 06 2018, @10:21PM (1 child)
My understanding, assuming you're a reasonably good representative of the libertarian perspective, is that it's basically tautological: The wage that ends up being paid (barring any government interference) is by definition the correct wage. Is that different from what you just said, and if so how?
The only thing that stops a bad guy with a compiler is a good guy with a compiler.
(Score: 2) by The Mighty Buzzard on Monday August 06 2018, @10:31PM
On a macro scale this is the case. It can most certainly fall out of whack when the market is allowed to become corrupted though. On an individual scale, individual judgment rules.
My rights don't end where your fear begins.