"the days when manual sunskilled labor can deliver $65-per-hour in wages and benefits are disappearing." - Steve Miller, CEO of Delphi, an auto parts manufacturer.
What a mind boggling quote. The context for this post comes from an article in the WSJ on 1.7.08 and concern the fight between Delphi and its labor unions while Delphi is reorganizing during bankruptcy. (I won't link to the WSJ as you have to have a subscription).
Consider the auto industry and its current condition. $65 an hour? Manual, unskilled labor? Our country and culture have a lot of soul searching to do when planning our economy in the future. I'm just amazed and salty. I should've applied for every factory job in sight while in high school. Higher education? Pah! I'd be close to retirement now, or considering a buyout. Manual unskilled labor.
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