1. Joined
    05 Nov '06
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    142320
    04 Jun '18 00:15
    http://www.informationliberation.com/?id=58503
  2. Standard memberHandyAndy
    Read a book!
    Joined
    23 Sep '06
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    18677
    04 Jun '18 01:17
    Originally posted by @mott-the-hoople
    http://www.informationliberation.com/?id=58503
    My hand says this is a garbage source popular among conservatard mouth-breathers.
  3. Standard memberwolfgang59
    Quiz Master
    RHP Arms
    Joined
    09 Jun '07
    Moves
    48793
    04 Jun '18 03:551 edit
    Originally posted by @mott-the-hoople
    http://www.informationliberation.com/?id=58503
    Unemployment rates have been declining since 2010 and a natural result
    of low unemployment is employers chasing employees. Of course wages
    will go up as they try to keep staff. The mystery is why - with the tax breaks,
    wages are not accelerating faster.

    https://data.bls.gov/pdq/SurveyOutputServlet?request_action=wh&graph_name=LN_cpsbref3
  4. Standard memberno1marauder
    Naturally Right
    Somewhere Else
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    22 Jun '04
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    42677
    04 Jun '18 04:12
    Originally posted by @mott-the-hoople
    http://www.informationliberation.com/?id=58503
    From the Seattle Times article mentioned in your cite:

    About 90 percent of Costco’s employees are paid hourly, and earn $22.50 an hour, on average,

    https://www.seattletimes.com/business/retail/costco-employees-anticipate-benefits-news-with-quarterly-earnings-thursday/

    So in a tight labor market Costco is increasing wages 1-2 per cent for its average worker. Of course, it likes the tax cut, so it's going to say that this small increase in wages is due to it, but it seems highly likely that economic conditions would have mandated some sort of pay raise irregardless of the tax cut.

    Even at that, these wage increases will cost the company about $110-120 million a year while they are estimating tax savings at $300 million a year.
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