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re: CPI comes in hotter than expected, futures down 1%+

Posted on 4/12/24 at 12:58 pm to
Posted by KWL85
Member since Mar 2023
1218 posts
Posted on 4/12/24 at 12:58 pm to
Lol. Not true. Try again.

Even if this were a significant factor, tell me who would work those jobs? I have some exposure to immigrants working low wage jobs in construction. They are working because their employers can't find others to do the work. Even if they could, they would demand higher wages. I don't see any employers willing to pay higher than the minimum required to get the work done. The employers could change this anytime they wanted to, but capitalism keeps them from doing it.

Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
7963 posts
Posted on 4/12/24 at 1:14 pm to
Dude, the subject is the jobs numbers. My point is that they are being driven by low paid, part-time jobs. This country has lost full time jobs over the last year. Are you now telling us that isn’t the case?
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