Saturday, March 22, 2008

Group Urges Living Wage Debate

From the Daily News Journal (3-22-08): "'In a marketplace economy, the market sets wages...,' said David Penn, director of Middle Tennessee State University's Center for Business and Economic Research. "In the long run, you need to be working in an occupation in short supply that requires a lot of training and education. That's how you get more pay.' ... Living wage campaigns have gained attention because corporate profits and productivity have risen while wages for all but a few remained flat or fell when adjusted for inflation, Penn said."