Carrol Cox <[email protected]> writes: > If the reduced hours did result in anything like full employment, wages > might fall _very_ temporarily, but then they would almost certainly > begin to climb, and fairly rapidly I would think, as larger work forces > would be required and competeition for labor would develop. Isn't that > usually the effect of full employment?
This is my understanding, and the reason for the ghoulish rise in stock prices when unemployment goes up. -- In Solidarity, Billy O'Connor _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
