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Re: Re: Re: Re: Re: re: Welfare can't be abolished until unemployment is abolished



At 02:49 PM 9/7/01 -0400, you wrote:
Jim Devine wrote:
real wages also increase when low-wage workers are the first to be fired.

Doug asks:
Do we know that's actually happening? Manufacturing workers are losing
jobs most rapidly of all, and they paid higher than average.

I don't know if it's happening or not, but it often does, as when the manufacturing workers with the least seniority get laid off first (before their higher-paid & more senior colleagues). Businesses seem to follow the LIFO strategy when it comes to personnel management.

Jim Devine jdevine@xxxxxxx &  http://bellarmine.lmu.edu/~jdevine




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