Jubak’s Journal: Why you didn’t get a raise
description: Corporate profits are down 6% from their peak. But instead of that cash flowing to U.S. wages, it’s headed overseas to pay ever more expensive commodities, says Jim Jubak.
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06/09/08
06/09/08
corporate
corporate
economic
economic
financial services
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investing
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Jim Jubak
Jim Jubak
Jubak’s Journal
Jubak’s Journal
jubak's
jubak's
msn money
msn money
profit
profit
simple strategies
simple strategies
wage
wage
Why you didn’t get a raise
Why you didn’t get a raise
Comments
May economic was what job opening (3.7mi, 2.6%) and hires (3.5%) rates were unchanged and unemployment rose (5.5%), despite controlled wage slightly increased. Rather weighting corporate income might gain by driving cost under restructure, whereas higher wage must lead more employment. In my opinion, economic administration might be sufficient for financial management, but not labor conditions. -
ymasuda_2008
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