BLAZER PROPHET
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And, no braniac, I don't mean 15 year old boys to use, I'm talking about Hostess Company. They couldn't get the concessions they asked from by the striking union so they are starting the liquidation process. Close to 18,000 people will lose their jobs.
http://money.msn.com/top-stocks/post.aspx?post=6d7b095e-e558-4dc4-83e9-1859d177e676
I don't know how much the striking workers make, but a coworker has a brother who works for a union bakery for Nabisco and he makes about $43/hr. I also recall the Hostess bakers have already taken one hit on their wages (maybe two) and would rather be unemployed than take another pay hit. Well, they can receive unemployment for 4 years so something will turn up by then.
I have to say, leaving your job in a recession headed to a depression takes a lot of guts and conviction. More power to them. But as for me, I'd much rather have a $60-75,000 job over unemployment and food stamps- even if I am being underpaid.
http://money.msn.com/top-stocks/post.aspx?post=6d7b095e-e558-4dc4-83e9-1859d177e676
I don't know how much the striking workers make, but a coworker has a brother who works for a union bakery for Nabisco and he makes about $43/hr. I also recall the Hostess bakers have already taken one hit on their wages (maybe two) and would rather be unemployed than take another pay hit. Well, they can receive unemployment for 4 years so something will turn up by then.
I have to say, leaving your job in a recession headed to a depression takes a lot of guts and conviction. More power to them. But as for me, I'd much rather have a $60-75,000 job over unemployment and food stamps- even if I am being underpaid.
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