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In Sydney where the cost of living is high, a typical non-skilled wage is ~$20. The result is all service based industries, cafes to full service laundromats, a
by 0xfaded 10y ago
In Sydney where the cost of living is high, a typical non-skilled wage is ~$20. The result is all service based industries, cafes to full service laundromats, are relatively expensive. However if one is willing to forego the luxuries, it is a livable wage.
In this way, a higher minimum wage ultimately leads to a fairer redistribution of income and is in my opinion a possible solution.
Reducing the cost of living implies downward wage pressures, which has the opposite effect.