Wyatt earp
Diamond Member
- Apr 21, 2012
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In theory it could have a downward effect on wages, but I don’t think there would be he numbers. People retiring isn’t new.I’d like to see a study on that theory.Something does seem to be messing up the market. Low unemployment and stagnant wages is strange.Wages should be set by the market, nothing else. Keep the Govt out of it.
1,000s of highly paid baby boomers being replaced with lower age / lower wage workers that sounds strange to you?
That's what's messing up the stats
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Kind of obvious ...
Baby boomers are retiring and they are not going to pay newbies the same wage with not 20 years plus experience are they?
Once again knowledge and wisdom are two different things
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We are talking the massive population of the babby boomers here. This is a new thing, plus they are living a hell of alot longer and sucking up health care costs that puts an added burden on salary's .
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