$15 an hour — milestones
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https://www.washingtonpost.com/business/2021/08/08/fifteen-dollar-wage/
The U.S. labor market hit a new milestone recently: For the first time, average pay in restaurants and supermarkets climbed above $15 an hour. Wages have been rising rapidly as the economy reopens and businesses struggle to hire enough workers. Some of the biggest gains have gone to workers in some of the lowest-paying industries.
Overall, nearly 80 percent of U.S. workers now earn at least $15 an hour, up from 60 percent in 2014. …
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@larry said in $15 an hour — milestones:
Only you could take a mess created by democrats where they pay people so much to not work that employers are having to literally bankrupt their companies trying to get someone to work and claim it's a positive
Pretty much exactly. Although the current government "pay to sit home and play video games" approach did start under Trump (and was the right thing to do in the short term), it has gone on far too long and even NPR did a great piece the other day about how the "great american labor shortage" has pretty much the same message from ALL restaurants/employers.... they have to either close operations or raise their prices to cover the higher wages, and the higher wages are a result of the labor pool being so small right now (Supply/Demand 101).
So @Axtremus , I wouldn't say this is a milestone to be proud of. It was artificially induced and will have long lasting (mostly) negative results for employers and the economy.
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@89th said in $15 an hour — milestones:
@larry said in $15 an hour — milestones:
Only you could take a mess created by democrats where they pay people so much to not work that employers are having to literally bankrupt their companies trying to get someone to work and claim it's a positive
Pretty much exactly. Although the current government "pay to sit home and play video games" approach did start under Trump (and was the right thing to do in the short term), it has gone on far too long and even NPR did a great piece the other day about how the "great american labor shortage" has pretty much the same message from ALL restaurants/employers.... they have to either close operations or raise their prices to cover the higher wages, and the higher wages are a result of the labor pool being so small right now (Supply/Demand 101).
So @Axtremus , I wouldn't say this is a milestone to be proud of. It was artificially induced and will have long lasting (mostly) negative results for employers and the economy.
Excellent post, 89th. @Axtremus, how do you feel about @89's excellent rebuttal to your cheering of this milestone?
