Friday, July 25, 2008

Will Labour still take responsibility for pay rate changes?

(Hattip: NZHerald)

"A new survey of pay rates shows a dramatic deterioration for those at the bottom of the heap, while rates for skilled workers are outpacing rampant inflation."

Historically as New Zealand was undergoing the best ever commodity prices we have experienced, the dairy boom and unprecedented growth Labour was quick to take responsibility for every survey showing an increase in wage rates - especially where this was in the lower income bands.

Why am I not surprised there is deafening silence from them regarding the fact that the predicted issues with their stewardship are being exposed now that the bubble has popped?

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