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Please stay where you are. Officers have been dispatched to your location to assist you. In all seriousness it’s because employers hold nearly all of the barga
by supertrope 4y ago
Please stay where you are. Officers have been dispatched to your location to assist you.
In all seriousness it’s because employers hold nearly all of the bargaining power and mindshare. The recent focus on central banks raising interest rates to decrease economic activity with inflation as a primary target and restraining wage growth as a secondary target shows that decreasing workers’ average bargaining position is official government policy. In the US they sugarcoat it by saying they’re trying to control inflation and only have unemployment go up marginally. In New Zealand they’re more explicit and say tens of thousands of people need to become unemployed to stabilize inflation.