Quote:
Originally Posted by Poison
Thats a pretty general way of looking at unions.
Especially when these "unions with their sticky wages"
have to strike when they have no contract and havent received a wage increase in years.......
When times were good and people were out on the line looking for a bump in pay to at least stay competetive were these said wages still "sticky" and hampering the markets self-correction????
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Or conversely decades of having a monopoly on the supply of labor has led to years of employees making more than the market value for their services and thus the employers stalled on pay increases to keep their costs competitive. No one will work for a company if they are paying less than market wages. That's why a year or two ago Tim Horton's was paying $15/hr in some locations for employees.