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I have been trying to hire people for 8$/hr, 10$/hr, 12$/hr, finally I can hire people at 15$/hr. Sure you might have some teens that dont realize they can mak

• VLM 8y ago
  Its worth putting in context that my last job, a round trip commute into the downtown of the biggest local city regardless of pay rate would be $11.50 and about four hours by public transit or roughly $25 and a bit under 40 minutes in my car outside rush hour. There was a nice condo in walking distance to a former employer similar in quality to my house although a little smaller, that was only three times the purchase price of my house and the HOA fee was twice my current property tax, so yeah, not moving downtown. Also the "crime rate per thousand" stat is about four times higher downtown, I wonder how long my family or I would survive. Of course at $6500/year spent on my commute, a walking distance condo would become profitable after only 61 years of employment. The point being that even full time work is not terribly appealing at $15/hr if I have to work two hours per day just to break even on the travel costs to and from work. Or I could work 87.2 hours per week just to pay the mortgage on the condo using half my income toward housing, assuming no PMI but adding in the cost of HOA. Obviously I get paid a large multiple of that per hour, but I wonder if your labor market situation is similar.