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  1. #1

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    Quote Originally Posted by gameguy56 View Post
    I'd love to hear of the name of that job fair. This seems like carefully crafted propaganda in order to drive down wages for people actually employed in these sectors.
    Wouldn't the lack of hires drive up wages? Why would a company struggling to find employees offer less pay? That seems like a self-inflicting wound.

  2. #2

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    Quote Originally Posted by animatedmartian View Post
    Wouldn't the lack of hires drive up wages?...
    I would assume so.

    Maybe gameguy56 means that if too many people get steered into these jobs, then that glut of people will drive down their pay. I dunno.

    Sorry, I didn't catch the name of the job fair as I was distracted from the story. I probably heard it on WWJ radio though. Maybe the story is recorded somewhere on their website at detroit.cbslocal.com.

  3. #3

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    Quote Originally Posted by Jimaz View Post
    I would assume so.

    Maybe gameguy56 means that if too many people get steered into these jobs, then that glut of people will drive down their pay. I dunno.
    If that's the case, people quit and find other jobs leaving the company starved of employees. Eventually wages find an equilibrium.

  4. #4

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    Quote Originally Posted by animatedmartian View Post
    If that's the case, people quit and find other jobs leaving the company starved of employees. Eventually wages find an equilibrium.
    Agreed. Plus, filling new positions creates shortages of employees elsewhere, driving up compensation there.

    From the above-cited Detroit.CBSLocal.com: The Leaders & Innovators Series 2014 [["scheduled for February 12, 2015")
    Attracting, hiring and retaining talent is one of the most important, yet often, difficult challenges an organization must face. The competition for talent can be fierce, and retention of a multi-faceted team can be tricky. For Detroit, and the entire state of Michigan, businesses not only need to comb for solid local talent but they must also entice out-of-market talent who want to make Detroit a workplace destination....
    It's refreshing to read that kind of language after so many years of jobless recovery.

    The times they are a changing. ♫

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