7 ms·
If you were in minimum wage jn the 90s your lifelihood likely didn't rely on Pentium processors. Also, it is frightening how close that is to current day minim
by tossandthrow 11mo ago
If you were in minimum wage jn the 90s your lifelihood likely didn't rely on Pentium processors.
Also, it is frightening how close that is to current day minimum wage.
- kube-system 11mo agoI was an unemployed student then -- a generous family member gifted me my first Windows PC, and it cost about the same as a used car.
- briffle 11mo agoYep, I had a Cyrix processor in mine during that time. Slackware didn't care.
- pixl97 11mo agoIt also worked as a very good space heater.
- adventured 11mo agoExcept nobody earns the minimum wage today, it's less than 1/2 of 1% of US labor. The median full-time wage is now $62,000. You can start at $13 at almost any national retailer, and $15 or above at CVS / Walgreens / Costco. The cashier positions require zero work background, zero skill, zero education. You can make $11-$13 at what are considered bad jobs, like flipping pizzas at Little Caesars.
- GoatInGrey 11mo agoCounterpoint: affording average rent for a 1-bedroom apartment (~$1,675) requires that exact median full-time wage. $15 an hour affords you about $740 for monthly housing expenses. One can suggest getting two roommates for a one-bedroom apartment, but they would be missing the fact that this is very unusual for the last century. It's more in line with housing economics from the early-to-mid 19th century.
- jfindper 11mo ago>You can make $11-$13 at what are considered bad jobs, like flipping pizzas at Little Caesars. Holy moly! 11 whole dollars an hour!? Okay, so we went from $4.25 to $11.00. That's a 159% change. Awesome! Now, lets look at... School, perhaps? So I can maybe skill-up out of Little Caesars and start building a slightly more comfortable life. Median in-state tuition in 1995: $2,681. Median in-state tuation in 2025: $11,610. Wait a second! That's a 333% change. Uh oh. Should we do the same calculation with housing...? Sure, I love making myself more depressed. 1995: $114,600. 2025: $522,200. 356% change. Fuck.
- genewitch 11mo ago1980 mustang vs 2025 mustang is what i usually use. in the past 12 years my price per KWh electricity costs have doubled. in the mid 90s you could open a CD (certificate of deposit at a bank or credit union) and get 9% or more APY. savings accounts had ~4% interest. in the mid 90s a gallon of gasoline in Los Angeles county was $0.899 in the summer and less than that any other time. It's closer to $4.50 now.
- mrits 11mo agoThe BBQ place across the street from me pays $19/hour to be a cashier in Austin. Or the sign says it does anyways
- jfindper 11mo agosweet! according to austintexas.gov, that's only $2.63 below the 2024 living wage. $5.55 below, if you use the MIT numbers for 2025. As long as you don't run into anything unforseen like medical expenses, car breakdowns, etc., you can almost afford a bare-bones, mediocre life with no retirement savings.
- hylaride 11mo agoI don't disagree that there has been a huge issue with stagnant wages, but not everybody who works minimum wage needs to make a living wage. Some are teenagers, people just looking for part time work, etc. Pushing up minimum wage too high can risk destroying jobs that are uneconomical at that level that could have been better than nothing for many people. That being said, there's been an enormous push by various business groups to do everything they can to keep wages low. It's a complicated issue and one can't propose solutions without acknowledging that there's a LOT of nuance...
- deleted 11mo ago[deleted]
- mossTechnician 11mo agoIn addition to the other comments, I presume the big box retailers do not hire for full-time positions when they don't have to, and gig economy work is rapidly replacing jobs that used to be minimum wage.
- yndoendo 11mo agoMy uncle was running a number of fast food restaurants for a franchise owner making millions. His statement about this topic is simple, "they are not living wage jobs ... go into manufacturing if you want a living wage". I don't like my uncle at all and find him and people like him to be terrible human beings.
- The-Bus 11mo agoIf a business can't pay a living wage, it's not really a successful business. I, too, could become fabulously wealthy selling shoes if someone just have me shoes for $1 so I could resell them for $50.
- CamperBob2 11mo agoClassically, not all jobs are considered "living wage" jobs. That whole notion is something some people made up very recently. A teenager in his/her first job at McDonald's doesn't need a "living wage." As a result of forcing the issue, now the job doesn't exist at all in many instances... and if it does, the owner has a strong incentive to automate it away.
- deleted 11mo ago[deleted]
- autoexec 11mo ago> A teenager in his/her first job at McDonald's doesn't need a "living wage." As a result of forcing the issue, now the job doesn't exist at all in many instances The majority of minimum wage workers are adults, not teenagers. This is also true for McDonald's employees. The idea that these jobs are staffed by children working summer jobs is simply not reality. Anyone working for someone else, doing literally anything for 40 hours a week, should be entitled to enough compensation to support themselves at a minimum. Any employer offering less than that is either a failed business that should die off and make room for one that's better managed or a corporation that is just using public taxpayer money to subsidize their private labor expenses.
- 11mo ago
- zzzeek 11mo agoin that case it should be completely uncontroversial to raise the minimum wage and help that .5% of labor out. yet somehow, it's a non-starter. (btw, googling says the number is more like 1.1%. in 1979, 13.4% of the labor force made minimum wage. this only shows how obsolete the current minimum wage level is).
- silisili 11mo ago1990-1997 averaged >4% yearly compounded minimum wage hikes, which is probably about where it should have been. The late 90s to today has been <1.25%.
- immibis 11mo agoIf you account for inflation it's actually higher than current minimum wage.
- echelon_musk 11mo ago> lifelihood Livelihood