WLWT: Kroger recruits veterans
UC economics professor says workers have bargaining power
Veterans have a lot to offer employers, Michael Jones, an associate professor of economics at the University of Cincinnati's Carl H. Lindner College of Business, told WLWT.
WLWT reported Kroger held a hiring event Wednesday for veterans throughout Greater Cincinnati.
"They bring a lot of work experience to the table," Jones said. "They understand systems. They understand structure. They've demonstrated a lot of accountability, a lot of responsibility."
Inflation has contributed to a strong job market for all workers, including veterans, and helped to increase their bargaining power, Jones said.
"What that means is that even if wages go up, right now workers are spending — they have less purchasing power today in the store than they did a year ago. And that forces companies to offer higher wages," he said. "There are more jobs than unemployed workers. The worker has the bargaining power. And so they can go to that owner and say, 'I need more money in order to take this job.'"
Featured image: UC economics professor Michael Jones. Screenshot courtesy of WLWT video.
Related Stories
Fishers, Indiana grad part of inaugural UC adaptive athletics...
January 22, 2025
University of Cincinnati adaptive athletics student athlete Seth Miller and program director Jacob Counts spoke with Indianapolis news station WTHR about the launch of the new program.
UC Law expert discusses new administration’s immigration plans
January 21, 2025
Julie Leftwich, director of international peace security initiatives at the University of Cincinnati College of Law, spoke with WVXU's Cincinnati Edition about the Trump adminstration deportation plans for undocumented residents.
Intra-arterial clot-busting medicines don’t help after stroke...
January 21, 2025
The University of Cincinnati's Pooja Khatri, MD, spoke with TCTMD about two recent trials that found administering clot-busting medications after endovascular thrombectomy does not significantly improve outcomes.