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I think this would cause a fundamental shift in our society. Who would want to work minimum wage server jobs when offered the same salary for something more re
by davethedevguy 4y ago
I think this would cause a fundamental shift in our society.
Who would want to work minimum wage server jobs when offered the same salary for something more rewarding?
Who wants to do gruelling, poorly paid labouring on a construction site, if the alternative is training to be a craftsman for the same wage?
Those jobs would either need to be paid much more attractively (pushing up the cost of restaurant food and construction, in these examples), or - as quoted above - eliminated entirely.
I would be really interested to see how this would play out at scale.
- zozbot234 4y agoRestaurant food and construction are in the non-tradables sector, so we can just look at places where these jobs pay more by virtue of location - such as expensive city cores, particularly outside the U.S. Looks like they still have restaurants and construction and they're priced roughly the same as anywhere else, so paying low-skilled labor so much more can't be affecting them all that much.
- majewsky 4y ago> where these jobs pay more by virtue of location - such as expensive city cores The way this works is that the workers are commuting in from poorer neighborhoods on the outskirts, since they cannot afford to live in the rich communities that they serve because of the low salaries.