Wednesday, August 09, 2006
Just in case you were thinking of asking for a raise...
Since the end of the 2001 recession, inflation-adjusted labor cost have been flat. Meanwhile, corporate profits have doubled. According to the Commerce Department, U.S. companies raked in cash at an annual rate of $1.5 trillion in the first three months of 2006, an increase of one third since 2003.
# posted by DH @ 6:26 AM 
