Fast Food Workers Strike for Living Wage
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August 30, 2013 6:48 pm at 6:48 pm #547191
It’s worth mentioning that technology doesn’t exactly just deplete jobs, it moves them: it replaces low-skill jobs with (in my opinion, slightly –) higher skilled jobs. i.e. you replace the cashiers, but now you need more programmers, installation specialists, and support technicians. And that could be a good things if the same folks were moving into those positions, but the assistance to access training isn’t there, and the may not always have the proclivity for it.August 30, 2013 7:01 pm at 7:01 pm #547192
I would imagine the ration of tech job created to unskilled labor job eliminated is pretty disparaging. Maybe 1 tech for 100 displaced workers?August 30, 2013 7:25 pm at 7:25 pm #547193
I would imagine the ration of tech job created to unskilled labor job eliminated is pretty disparaging. Maybe 1 tech for 100 displaced workers?
It would definitely be low, but I’d wager it’s higher than that. But I can’t really say.September 13, 2013 9:40 pm at 9:40 pm #547194
The minimum-wage muddle
By Robert J. Samuelson, Published: September 11 E-mail the writer
We’re now engaged in another divisive debate over the minimum wage and its offspring, the “living wage.” We’ve been here before, because both sides seem to have strong arguments. On the one hand, raising wages by government fiat seems a job-killer. Economics 101 teaches us that if you increase the price of something — including labor — people will buy less of it. On the other hand, guaranteeing that full-time work protects against poverty seems a decent standard. The present federal minimum ($7.25 an hour) doesn’t do this. At 40 hours a week, it amounts to $15,080 a year; that’s above the government’s poverty-line for a single person ($11,702 in 2011) but not for a family of four ($22,811).
READ MORE: http://www.washingtonpost.com/opinions/robert-j-samuelson-the-minimum-wage-muddle/2013/09/11/337fa194-1ae5-11e3-82ef-a059e54c49d0_story.html
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