Unemployment Rate? Where will it go?

The Last Outlaw

Active member
You won't understand the concept but here it is... People are paid what the value of their work is. In the long run currency reflects that value.
I hope you enjoy insulting people's intelligence every chance you get. I bet you are a lot of fun at parties. And your explanation is ridiculous, many people are vastly underpaid for the work they do.
 

The Last Outlaw

Active member
I made plenty of money for 20+ years as a carpenter. Now I make next to nothing, but I love my work. I don't see any self pity there. Once again, a statement that means nothing.
 

Selena

Active member
I hope you enjoy insulting people's intelligence every chance you get. I bet you are a lot of fun at parties. And your explanation is ridiculous, many people are vastly underpaid for the work they do.
A statement that is patently false. If a person is truly being compensated less than a fair return of the value of his contribution, s/he could easily negotiate a greater return or find better employment with a competitor. Value is not a matter of the time an employee spends on the job but the quality of his labor.
 
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WrongHanded

Well-known member
Am statement that is patently false. If a person is truly being compensated less than a fair return of the value of his contribution, s/he could easily negotiate a greater return or find better employment with a competitor. Value is not a matter of the time an employee spends on the job but the quality of his labor.
You've clearly never worked an hourly job for a corporate employer. They pay what they pay. It doesn't matter if you produce 5 times as much as the next guy. Being too good may even get you fired, because some middle manager feels threatened. As for finding a better job with a competitor, seems like you don't understand much about the job market. The competitor also pays what they pay, same as the last place.

It's a nice "theory" you've got there, but it doesn't mesh with reality. In the job market, people without significant skills in high demand, are thoroughly expendable. Good managers who understand the value of their employees are few and far between.
 

Fine Figure of a Man

Well-known member
You've clearly never worked an hourly job for a corporate employer. They pay what they pay. It doesn't matter if you produce 5 times as much as the next guy. Being too good may even get you fired, because some middle manager feels threatened. As for finding a better job with a competitor, seems like you don't understand much about the job market. The competitor also pays what they pay, same as the last place.

It's a nice "theory" you've got there, but it doesn't mesh with reality. In the job market, people without significant skills in high demand, are thoroughly expendable. Good managers who understand the value of their employees are few and far between.
Union mentality?
 
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