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Post by TheMark on Jan 14, 2020 2:03:11 GMT
This is something the MSM never talks about. When unemployment is low, wages and benefits rise. Corporations during WWII started offering health care insurance during WWII to entice high-talent workers because of wartime wage freezes.
Basic economics, when one worker is looking for a job and multiple companies need workers, the companies will "fight" over getting them. Higher pay, more benefits, etc. This is really "A seller's market."
I don't fully expect more than a few corporate stores to do this and zero franchisees could afford to do this. I believe that at the first uptick of unemployment, those 100k jobs will disappear, if they last that long. However, 50-75k would be very reasonable to keep talented and effective managers.
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