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Minimum wage hikes would also have to be passed along to consumers, including the poor.
A recent minimum wage hike was a factor in the layoffs.
Their phone survey couldn't even accurately track the expected price shifts after a wage hike.
"And at the same time, we should help keep jobs available to America's workers by helping small businesses absorb this wage hike."
The union is asking for a substantial wage hike for its members.
New Orleans restaurant and hotel associations, along with other business groups, fought the wage hike.
Wage hikes are becoming less intrinsically attractive to a work force that could create new resources.
Some believe it was a bad time to demand a wage hike, because the economy hadn't yet fully recovered from the downturn.
The union members rejected the employers' offer of a wage hike of $82 over three years, he said.
"Every stabilization program in Argentina for 45 years has failed because of massive wage hikes," he said.
To avoid bankruptcy, American had to ask workers to take cuts to make up for the excessive growth and wage hikes it encouraged before 2001.
The group also pointed out that the wage hike would act as a counterbalance to the coming state tax increase for gas and diesel.
But when the new union demanded a massive wage hike in 1910, the union was forced to strike.
That is a needless blow to workers, some of whom have not enjoyed a wage hike, after accounting for inflation, since the 1970's.
In practice, this translated to opposing minimum wage hikes on the theory that they would reduce employment.
Samant enjoyed success in organizing strikes and winning substantial wage hikes from companies.
In the past, low and falling unemployment rates compelled workers to demand, and win, substantial wage hikes.
Mr. Dinkins ultimately agreed to modest wage hikes that will still cost the city $428 million next year.
The basic conundrum is simple: employees want higher salaries, employers want no wage hikes.
For example, banks can change their interest rates and workers can negotiate contracts that include automatic wage hikes as the price level goes up.
But productivity is again outstripping wage hikes.
Two of United's jets were down, the wage hike was history and so was the 57-year-old Goodwin's career.
In fact, in the aftermath, not only was the promised wage hike postponed indefinitely, wages were actually cut.
The challenge for public policy is to encourage worker participation in workplace governance without encouraging anti-competitive wage hikes.
Labor unions, after grudgingly accepting negligible wage hikes in the past two years, are now demanding bigger increases.