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Do You Think Bargaining Power Matters in the Labor Market?
"What your desire is in a market doesn't matter. You're stuck with, usually, the market rate," he says. "Bargaining power may be mean something differently tan than i mean when i hearn what i hear when you use that phrase." 'There's growing evidence of rising markets, of rising concentration and maybe of risinga monoplony power in the labor market,' Nouriel Roubini adds.