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JakeS:
That doesn't necessarily prevent them from whining about it.

Of course not, but does Germany have a decent system of vocational training for these technical/manual posts any more, or doesn't it, is the question that seems relevant.

JakeS:

a game of chicken begins between the consumers of labour, and prices go up until enough consumers of labour back out

In an economy that has depressed wages over a long period and is export-oriented, there might be quite some room for wages to rise before reaching labour-market demand destruction.

by afew (afew(a in a circle)eurotrib_dot_com) on Wed Jan 26th, 2011 at 05:14:05 AM EST
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