Friday, January 29, 2010
Lower workers pay
Employment costs are at a record low last year. That means workers make less money. OK what is the reason? Well, many have been forced to work less hours and take cuts in the hourly wages. Other that are full time white collar where seen taking a cut in pay. This may seem great for the company. However as workers make less, the cannot fuel a spending increase. That means many stores will close this year.
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