3 ms·

Why?

• maxerickson 10y ago
  Because you end up with more people working and for low wage jobs there isn't all that much room to cut wages. At the moment we have pretty good job growth combined with low unemployment so new people starting working aren't putting downward pressure on wages (evidence of this is that we are seeing wage growth).
  • nilkn 10y ago
    Thanks, that explanation makes sense to me.