Despite all the layoffs that are occurring, businesses are still moving forward, ... They're out there looking for workers, and they may be forced to raise the wages just a touch faster.
More Quotes from Joel Naroff:
While we can be somewhat blase about goods prices, at least for a little while longer, we cannot conclude that retail inflation is anywhere near under control.Joel Naroff
Katrina will be more of a positive for manufacturing demand as time goes by. There's so much that's needs to be replaced and that demand would never have existed without Katrina.
Joel Naroff
The glory days of surging productivity that kept labor costs down look to be behind us. The expected slowdown in productivity has arrived and that is putting pressure on costs and the Fed.
Joel Naroff
Firms should be experiencing significant easing in cost pressures as the weak commodity prices are adding to the strong productivity gains, which are keeping labor costs down. Now if demand would only pick up a bit, the earnings would go right to the bottom line.
Joel Naroff
Business tax cuts may save the corporate bottom line a little bit, but they will neither induce new investment nor increase production, ... Only a rise in spending will do that.
Joel Naroff
Businesses are running up against capacity constraints and have no choice but to hire, and that may bid up wages. Productivity is decelerating and inflation pressures keep creeping up.
Joel Naroff
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce QuotesBe a good animal, true to your animal instincts.
David Herbert Lawrence
If God wanted us to fly, He would have given us tickets.
Mel Brooks
Commercials capture your attention, that's all.
Calvin Klein