MY TAKE
June 2006
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July 30, 2005

bene rip hardly ready to roar


 

  "i'll take the slow death"



 investigate investigate.....


    avoid 
    idealist errors......




=================================================

  job market still in the dum dum tank 

". The Labor Department's employment cost index report
 a measure that includes 
wages, salaries 
and employers' contributions 
to pensions,
 health insurance 
and other benefits 
 rose 3.2 percent
over the past year
 the smallest increase 
since 2000  "

"The slowdown partly reflects
 very low growth 
in wages and salaries.....
which  rose only 2.4 percent 
in the year that ended in June.."

"that's  the smallest gain 
recorded
     since 
the government began collecting
 such information 
              in early 1982"

---------   there's a nice number
            right off the bottom 
                          of the fucking  chart --------------

"But it also reflects  reduced growth 
in benefit costs
 as many employers 
have cut their pension contributions
 and shifted more health insurance expenses
 to their employees"

" Many companies have also trimmed
 their benefit expenses
 by using more contract labor"

" Benefit costs rose 5.1 percent
 in the year that ended in June
 the smallest yearly increase
   since late 2002"


--------------- 
   hardly a house a fire here 
so  iz 
    a corporate bene 
           rip roar under way??
                  
          ....not yet gang 
if ever 
         maybe a long whimper first  ------------------


------------

note however :

the  relative growth rates
of benes vs wages 
may be  evening down ...----------


"Benefit costs 
  rose just 0.8 percent
 in the second quarter
   Wages and salaries
 rose 0.6 percent "

 
================================================================
Posted by herb jr. jr. at July 30, 2005 08:36 AM

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