3 ms·
So even with "record-low unemployment", most people still don't make decent, living wages. At least that's what the article seems to be saying. Salaries aren't
by mnm1 9y ago
So even with "record-low unemployment", most people still don't make decent, living wages. At least that's what the article seems to be saying. Salaries aren't going up significantly. Workers have more choices, but clearly, even at record-low unemployment, the market fails most workers. That's an interesting insight as it might lead to more people to question the idiocy of letting chaos run markets by leaving them unregulated.
- djrogers 9y ago> most people still don't make decent, living wages. > the market fails most workers. Neither of those assertions is either in the article, or supported by fact. The vast majority of workforce members are employed and live well above the poverty line. I truly don't understand why there seems to be a belief that every single job that exists should provide a 'living wage'. There is such as thing as a starter job, and there types of jobs that don't provide 25-50K/yr in value to either the employer or market. It's just not reasonable to presume (or enforce a policy such ) that any amount or type of work a business owner needs done should automatically result in the employee being completely taken care of.