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You need a higher unemployment rate and more slack there to get wage increases back down.

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Robert Fry

Lieutenant General Sir Robert Alan Fry, (born 6 April 1951) served as a Royal Marine for over 30 years and was involved in military operations in Northern Ireland, the Gulf, Kosovo, Iraq and Afghanistan. After retirement from military service he went into private business and, in 2007, became CEO of Hewlett Packard's defence and security business in Europe, the Middle East and Africa. In 2010 he was appointed chairman of McKinney Rogers International and subsequently, in 2011, Albany Associates.

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