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re: New construction now? Are wait..
Posted on 1/18/21 at 2:03 pm to EA6B
Posted on 1/18/21 at 2:03 pm to EA6B
quote:Their wage rates will go up but skilled worker hourly rates won't double like the minimum wage is going to do if Biden get his way.
If a person will be able to make $15/hr to flip burgers what do you think skilled workers of which there is always a shortage are going to do with their labor rates?
It's called "wage (or, pay) compression."
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