Companies struggling to fill jobs 'should try paying more,' Fed's Kashkari says

Re:Companies struggling to fill jobs 'should try paying more... by danieltillett on Thursday November 15, 2018 @03:42AM (#18457782)

This can only go on so long before they have to raise pay.

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Re:Companies struggling to fill jobs 'should try paying more... by faceplanted on Thursday November 15, 2018 @08:30AM (#18459053)

And in the meantime everyone is underpaid and the owner is stressed because he can't hire people.

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Re:Companies struggling to fill jobs 'should try paying more... by danieltillett on Saturday November 17, 2018 @05:44AM (#18474920)

Such is life when caught in a vicious circle.

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Re:Companies struggling to fill jobs 'should try paying more... by minikites on Thursday November 15, 2018 @06:30AM (#18458459)

Wages have stagnated since the 1970s, so "they" definitely don't have to raise pay:

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Re:Companies struggling to fill jobs 'should try paying more... by danieltillett on Thursday November 15, 2018 @07:20AM (#18458645)

Not if unemployment is back to 1960s levels. I suspect you are right in that the Fed will kill any general wage rises.

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