tag:blogger.com,1999:blog-816559531110064247.post5384134231253459438..comments2024-03-08T01:03:44.522-08:00Comments on Humble Student of the Markets: The ONE NUMBER to watch in Friday's NFP reportCam Hui, CFAhttp://www.blogger.com/profile/09672203690656029787noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-816559531110064247.post-50930984210775085022015-02-05T12:24:32.546-08:002015-02-05T12:24:32.546-08:00Don't you find it fascinating that the union i...Don't you find it fascinating that the union is striking in a sector that's encountering trouble? While the strikes are occurring in refining, which is somewhat insulated from the oil price collapse, isn't indicative of a stronger bargaining power of labor under those circumstances?Cam Hui, CFAhttps://www.blogger.com/profile/09672203690656029787noreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-85610189827487446112015-02-05T09:37:12.299-08:002015-02-05T09:37:12.299-08:00Pending strikes in the oil refining industry does ...Pending strikes in the oil refining industry does not seem like a sign of rising wage pressure. This is one industry which is not representative of wages and jobs as a whole. It is one of the most capital intensive industries in our economy. Plus with falling crude prices, it is unlikely that higher wages in the oil refining would have an impact on prices in the economy. Anyway, the wage issue seems to be about health care and not a bid for higher wages.MGellnoreply@blogger.com