Posts Tagged ‘Wage’

Dec 20
2008

Pay For Less

by in Everyday Nonsense | 2,516 views | Reading Time 3:30

We all know how scarce jobs are becoming and we all know how the market works when there is an oversupply of product compared to consistent demand… prices drop. What happens when the labor market is flooded with experienced workers and the job market dries up because of the abundance of potential workers? Do employers […]

Aug 7
2008

Unemployment Rates

by in Everyday Nonsense | 2,194 views | Reading Time 3:36

Recently, the government released the latest unemployment statistics and the numbers were not good. Currently, our nation has an unemployment rate of 5.7% (economists were expecting 5.6%). This was the seventh straight month of increasing unemployment and it is also a 4 year high. These are not good statistics considering the rising costs of living […]

Aug 5
2008

Fake Wealth

by in Everyday Nonsense | 2,093 views | Reading Time 4:49

Everyone loves a pay raise. We automatically get excited because with the arrival of that next paycheck, we will immediately see an increase in purchasing power. On top of that, we fill up with pride knowing that we are being rewarded for our hard work, production, and efficiency while performing our job. Sounds great doesn’t […]