Saturday, April 14, 2012

What's the magic wage rate

The consultants to MNC plant locators want consideration of re industrializing north amigo

What is the target wage ?

My guess a simple having of union levels

Around $ 12.00 per hour

That assumes in conjunction
A serious depreciation of the imperial dollar
against the currencies of our Asian trading partners

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Nb

The target for an indexed new minimum wage is $ 10.00 per hour

A tight fit ?

No
Pre CIO
Industrial operatives wages hardly cleared de facto community minimums