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>>there's enough desperate people EVEN WITH FULL EMPLOYMENT to not raise wages as long as none of the other corporations do. There is evidence to the contrary,
by syshum 7y ago
>>there's enough desperate people EVEN WITH FULL EMPLOYMENT to not raise wages as long as none of the other corporations do.
There is evidence to the contrary, as these companies have infact (or did pre COVID) raise their wages beyond the minimum wage they were doing. Some of it is in response to Retail raise wages (i.e Walmart when to a $11/12 nation wide min wage) in response most fast food also had to raise their wages.
- taurath 7y agoI don't disagree that there is some wage pressure - its the fact that wage increases only started to outdistance inflation only have 3 sustained years of basically no unemployment, which is likely a once in a century event, that there are more factors at play holding wages down.
- syshum 7y agoOf course there is more than just the unemployment rate the effects wages but Fast food will always be the lowest paid job in the economy and the idea that work is entitled to a high wage simply because it exists is not something I can get behind Fast food requires almost no skills, and most likely as wages increase it will simply be automated out of existence completely, given that literally almost any human that is breathing can fill the job there is not going to be much that will push those wages up. These jobs are not intended to be long term employment where a person would support a family on, hell they are not even jobs that should be filled by people supporting themselves, they are tailored to people for their first jobs normally while they are a dependent of another person
- taurath 7y ago> These jobs are not intended to be long term employment where a person would support a family on There's no intention provided by these jobs - I'm not sure where that would actually come up. 50% of fast food workers have more than one job. That alone indicates that at least half of those workers aren't dependent on another person. Average fast food worker is 29, 50% are over 25. 26% of fast food workers are parents with children. I just wanted to say that to establish that there are many people who work fast food jobs that depend on it to live. Given that - and that there is no functional safety net to prevent someone from becoming homeless were they to lose their income, and that the minimum wage isn't a living wage, I'm advocating for it to pay a living wage. Its sort of strange to me that people prioritize the needs of dependents and children over unskilled people who are working as much as possible to keep a roof over their head. If you need to work 2 jobs to make rent, you are not spending much time at all gaining skills to get a better paying "real" job, assuming they're available at all. You're trapped. A living wage would allow people to actually have the time to develop skills rather than trapping them in subsistence poverty. Because one person in 5 doesn't need the money, the other 4 should suffer? Should they not be treated for a flu that could kill them? Does their life have any value at all? And if that means robots are suddenly economical? Why are they not economical elsewhere, where workers are paid a living wage? https://www.nytimes.com/2014/10/28/business/international/living-wages-served-in-denmark-fast-food-restaurants.html https://www.nytimes.com/2014/10/28/business/international/li... > Fast food will always be the lowest paid job in the economy and the idea that work is entitled to a high wage simply because it exists I'm not making this argument. It is not a high wage, by any first world measure. That most people making that wage are both below the poverty line and get food stamps tells you its not a high wage. Now, is it most efficient for the economy to be flooded with no-skill workers? Probably not, if there's some sort of floor on human dignity. In any system there will be leeches, people who game a system, etc. I'm concerned about them, but we should start by tracking actual outcomes. This is one of the reasons why the US is one of the least socially/economically mobile countries in the first world. We're closer to Russia than we are to the UK.