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<blockquote data-quote="floridays" data-source="post: 4711263" data-attributes="member: 68849"><p>Right, Monopsonistic and oligopolistic are terms you use daily.</p><p></p><p>I quote you:</p><p></p><p>"respectively, labor markets with one or few employers and both are rarely in competition for labor as they exist in captive markets. Most of the jobs require little to no education or skill. Hence, there is rarely an economic incentive to offer much more than a labor market's reservation wage and the absolute minimum in terms of working conditions to attract and retain employees in those labor markets."</p><p></p><p>Where does FEDEX, hub, ramp and station ops reside?</p></blockquote><p></p>
[QUOTE="floridays, post: 4711263, member: 68849"] Right, Monopsonistic and oligopolistic are terms you use daily. I quote you: "respectively, labor markets with one or few employers and both are rarely in competition for labor as they exist in captive markets. Most of the jobs require little to no education or skill. Hence, there is rarely an economic incentive to offer much more than a labor market's reservation wage and the absolute minimum in terms of working conditions to attract and retain employees in those labor markets." Where does FEDEX, hub, ramp and station ops reside? [/QUOTE]
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