Monday, June 19, 2017

Minimum wage

On my way to the grocery, I noticed a large banner in front of White Castle. Begin at $9.50, then $10.50 after training. The federal minimum is $7.25 and Ohio's is $8.15. All fast food places are advertising--and it looks like prices will go up with the wages and there will be fewer jobs for those teens, moms and immigrants who want to work part time or get some work experience to move up. Many non-fast food restaurants now have the ordering screen at the table cutting down on staff costs. About 3% of all workers make minimum, and that will probably decrease as the jobs disappear. Most people who earn minimum live in  households with other earners.  Two adults earning the current federal minimum working full time would not be eligible for government food, housing or medical assistance.

http://www.heritage.org/jobs-and-labor/report/who-earns-the-minimum-wage-suburban-teenagers-not-single-parents

http://www.zerohedge.com/news/2017-02-27/minimum-wage-massacre-wendys-unleashes-1000-robots-counter-higher-labor-costs

http://www.cnbc.com/2017/04/23/andy-puzder-on-automation-if-robots-take-your-job-the-minimum-wage-is-zero.html

http://www.heritage.org/jobs-and-labor/report/15-minimum-wages-will-substantially-raise-prices

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