Obviously the retirement plans / part time plans of many will be put back so the unemployment rate WILL go UP. Those who are currently being overpaid as a result of the skill shortage may find they have their job and pay downgraded as less leave the workforce.
That'll be interesting?
And people reckon the housing industry won't be affected by this.
Sub-prime has several years of pain to go, this mess will take years to unravel ............
jobs market to be hit
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$58.49 |
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| Open | High | Low | Value | Volume |
| $58.49 | $58.80 | $58.15 | $57.32M | 970.8K |
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| No. | Vol. | Price($) |
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| 4 | 20975 | $58.49 |
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|---|---|---|
| $58.50 | 80 | 1 |
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