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<blockquote data-quote="tonyexpress" data-source="post: 3675810" data-attributes="member: 1940"><p>It is roughly 3% inflation. My point again was the difference between the reported wage growth numbers of 2.7 and 3.2. When you consider inflation it is basically a break-even scenario.</p><p></p><p>But it is also a shift in wages...Do you think that 10,000 baby boomers retiring a day has any effect on this? New jobs are not going to pay what the retiring boomer was making...so there's that.</p></blockquote><p></p>
[QUOTE="tonyexpress, post: 3675810, member: 1940"] It is roughly 3% inflation. My point again was the difference between the reported wage growth numbers of 2.7 and 3.2. When you consider inflation it is basically a break-even scenario. But it is also a shift in wages...Do you think that 10,000 baby boomers retiring a day has any effect on this? New jobs are not going to pay what the retiring boomer was making...so there's that. [/QUOTE]
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