4 ms·
It's not just the wage that matters but the consistency of the wage, and the benefits that go with it (or more often don't at that level), and the expenses that
by notacoward 5y ago
It's not just the wage that matters but the consistency of the wage, and the benefits that go with it (or more often don't at that level), and the expenses that go with it. Consider two examples.
* Person A is making minimum wage, but with good benefits, consistent hours, and a reasonable cost to live within walking distance of the job.
* Person B is making minimum wage plus a buck per hour, but is technically not a full-time employee so no benefits at all. Shifts are often changed with little notice, sometimes to hours that are not very transit-friendly, and living within walking distance is utterly off the table for anyone short of a rich techie.
Who's really better off? It's easy for full-time internet commentators to look at simplistic stats and draw simplistic (self serving) conclusions, but your metric is much better and closer to the ones used by people who actually study issues such as poverty.