"At least within this past decade, employers didn't feel any pressure to have to hire more workers and entice them with higher wages," says Harry Holzer, a former chief economist with the Labor Department...This was from a story on NPR. To NPR's credit they point out:
"Employers...have to concern themselves with total compensation packages – not just wages."This is what people need to realize: For the past decade workers' compensation has not been stagnating, it has been increasing significantly but almost all of that increase is going into their health care costs.
Again, we need to get rid of the idea of companies paying for their employees' health care costs. Then you would see a significant rise in employee pay and, in my opinion, a pretty significant drop in health care costs and, hence, health care insurance costs.
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