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re: Why aren’t wages rising rapidly if there are 6 million job openings?

Posted on 6/19/18 at 7:29 pm to
Posted by DEG
Atlanta
Member since Jul 2009
10539 posts
Posted on 6/19/18 at 7:29 pm to
quote:

Why aren’t wages rising rapidly if there are 6 million job openings?


Younger workforce. Baby boomers are retiring, contributing to both the decreasing unemployment rate and flattening wage rate.
This post was edited on 6/19/18 at 7:30 pm
Posted by YumYum Sauce
Arkansas
Member since Nov 2010
8323 posts
Posted on 6/19/18 at 7:33 pm to
Boomers are lingering longer than expected. They are overpaid and jacking up all the healthcare costs for our younger guys due to a lifetime of bad habits.

A lot of em are literally being asked to retire with early pensions to get them the frick off the tit.
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