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I don't think you're being nuanced enough. Wendy's in Montana is offering $17.50 an hour and not getting applicants. That's clearly a sign of some deep structur

I don't think you're being nuanced enough. Wendy's in Montana is offering $17.50 an hour and not getting applicants. That's clearly a sign of some deep structural labor market issues.

abxytg 6y ago
That's a TOTALLY different story than not being able to find people at $80k my guy. Also $17.50 is an incomplete picture. How many hours per week? Any benefits? I would bet a years salary that it is <40 and no benefits. Would you take that job?
- missedthecue 6y ago
  People in feb 2020 were taking the job for $12 an hour. Why won't they take it now for $17.50?
Dah00n 6y ago
For reference the lowest wage at a McDonald's in Denmark is above $18 plus extra for outside normal working hours like holidays etc.
- gruez 6y ago
  The GDP per capita of denmark ($61,478) is 50% higher than montana ($39,356).
  - mcphage 6y ago
    I wonder which way cause & effect goes.
    - gruez 6y ago
      I'm sure all developing countries need to do to raise their GDP is to increase their minimum wage! /s
      - imtringued 6y ago
        Low wages provide no incentive for productivity growth.
        gruez 6y ago
        According to that logic, was the industrialization of north america and europe caused by... wage growth?
      - mcphage 6y ago
        Well, GDP is a measure of how much your country produces. Why do things get produced? Because it can be sold. Who buys things? People with money. How do people get money? By working and being paid. So pay people more, then they'll buy more, then producers can produce more, then your GDP goes up. Is it that simple? No, of course not. But it's not a crazy chain of connections.
        gruez 6y ago
        > How do people get money? By working and being paid. So pay people more, then they'll buy more, then producers can produce more, then your GDP goes up. That sounds more like inflation than productivity actually going up.
  - Dah00n 6y ago
    To add, one have a minimum wage while the other have a system where politicians have no say in wages (it's decided by employers and unions).
octernion 6y ago
would love a citation for the $17.50 number. every posting for wendy's in MT is $13/hour, which is obviously pathetic.
- missedthecue 6y ago
  First result https://www.google.com/search?q=bozeman+montana+wendy%27s+hiring+%2417+&client=ms-android-att-us-revc&biw=412&bih=440&sxsrf=ALeKk02fSEi1fQpjJyUDyRsZALve4Xr-RA%3A1620454832227&ei=sC2WYN2nDcz5tAam9pDYBQ&oq=bozeman+montana+wendy%27s+hiring+%2417+&gs_lcp=ChNtb2JpbGUtZ3dzLXdpei1zZXJwEAMyBQghEKABOgQIABBHOgUIIRCrAjoICCEQFhAdEB5Q5BJYvx1gvyFoAHABeACAAZMBiAGBBZIBAzAuNZgBAKABAcgBA8ABAQ&sclient=mobile-gws-wiz-serp#fpstate=tldetail&htidocid=oJ1L7B26XEEcqe4IAAAAAA%3D%3D&htiq=bozeman%20montana%20wendy's%20hiring%20$17%20&htivrt=jobs https://www.google.com/search?q=bozeman+montana+wendy%27s+hi... Also, I don't understand why $13 is "obviously pathetic". I make a little over $15 an hour and I get by just fine.

I don't think you're being nuanced enough. Wendy's in Montana is offering $17.50 an hour and not getting applicants. That's clearly a sign of some deep structural labor market issues.

abxytg 6y ago

That's a TOTALLY different story than not being able to find people at $80k my guy. Also $17.50 is an incomplete picture. How many hours per week? Any benefits? I would bet a years salary that it is <40 and no benefits. Would you take that job?

missedthecue 6y ago
People in feb 2020 were taking the job for $12 an hour. Why won't they take it now for $17.50?

Dah00n 6y ago

For reference the lowest wage at a McDonald's in Denmark is above $18 plus extra for outside normal working hours like holidays etc.

gruez 6y ago
The GDP per capita of denmark ($61,478) is 50% higher than montana ($39,356).
- mcphage 6y ago
  I wonder which way cause & effect goes.
  - gruez 6y ago
    I'm sure all developing countries need to do to raise their GDP is to increase their minimum wage! /s
    - imtringued 6y ago
      Low wages provide no incentive for productivity growth.
      - gruez 6y ago
        According to that logic, was the industrialization of north america and europe caused by... wage growth?
    - mcphage 6y ago
      Well, GDP is a measure of how much your country produces. Why do things get produced? Because it can be sold. Who buys things? People with money. How do people get money? By working and being paid. So pay people more, then they'll buy more, then producers can produce more, then your GDP goes up. Is it that simple? No, of course not. But it's not a crazy chain of connections.
      - gruez 6y ago
        > How do people get money? By working and being paid. So pay people more, then they'll buy more, then producers can produce more, then your GDP goes up. That sounds more like inflation than productivity actually going up.
- Dah00n 6y ago
  To add, one have a minimum wage while the other have a system where politicians have no say in wages (it's decided by employers and unions).

octernion 6y ago

would love a citation for the $17.50 number. every posting for wendy's in MT is $13/hour, which is obviously pathetic.

missedthecue 6y ago
First result https://www.google.com/search?q=bozeman+montana+wendy%27s+hiring+%2417+&client=ms-android-att-us-revc&biw=412&bih=440&sxsrf=ALeKk02fSEi1fQpjJyUDyRsZALve4Xr-RA%3A1620454832227&ei=sC2WYN2nDcz5tAam9pDYBQ&oq=bozeman+montana+wendy%27s+hiring+%2417+&gs_lcp=ChNtb2JpbGUtZ3dzLXdpei1zZXJwEAMyBQghEKABOgQIABBHOgUIIRCrAjoICCEQFhAdEB5Q5BJYvx1gvyFoAHABeACAAZMBiAGBBZIBAzAuNZgBAKABAcgBA8ABAQ&sclient=mobile-gws-wiz-serp#fpstate=tldetail&htidocid=oJ1L7B26XEEcqe4IAAAAAA%3D%3D&htiq=bozeman%20montana%20wendy's%20hiring%20$17%20&htivrt=jobs https://www.google.com/search?q=bozeman+montana+wendy%27s+hi... Also, I don't understand why $13 is "obviously pathetic". I make a little over $15 an hour and I get by just fine.