Productive rate in last quarter falls 3% and labor cost raise more then 4%, which mean people aren't producting, you say there not working so hard and yet getting to be paid more and sooner or later, companies will start losing money,hence, less wealth, less jobs less prosperity.
Maybe that's why Kohl's stock drop like rock today, last I look down more then 9 dollars with very heavy volume avg. volume is about 4 million share, last I look and day isn't finish volume was over 189 million share. Also Nordstrom is down about 3 dollars a few month ago the stock went down 10 dollars in day but has gain some of lost back.
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