Quote:
Originally Posted by Jim in CT
#16- It doesn't mean that much unless it actually translates into wage growth."
Yes, it does. It means a lot to the person who chose to take the job.
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Sometimes it's valuable to put a remark in context of the thread. I wasn't saying that low unemployment didn't matter, but that the ratio of job openings to unemployed doesn't mean much unless it pushes employers to raise wages.
Don't know anyone here bashing unemployment Jim.