Tuesday, June 23, 2015

Here's What Happens When...

...you boost minimum wage to ridiculous heights:

What Minimum Wage? This New Grocery Store Will Eliminate Low Skill Workers For Good

"Say goodbye to long lines at the grocery store, and possibly your job. Even more robotic systems are coming."

Another Minimum Wage Lesson in Economics: This Time at The Gap

"A little over a year ago The Gap flaunted their progressive ways and raised their minimum wage to $10 per hour. Their employees – 65,000 of them who were effected – were ecstatic. The White House was giggly.

That was in February 2014. It’s now June 2015 and the happy campers are finding out that economics is a nasty handmaiden."
[---]
"Gap will close 140 stores this year and cut 250 jobs at it’s headquarters. For some irony, Gap’s headquarters is in San Francisco, right in the middle of Nancy Pelosi’s Congressional District."

Young adults in Michigan would have a lower minimum wage under bill
"Under current law, employers can pay people under 18 either 85 percent of Michigan's minimum wage, or the federal minimum wage, whichever is greater. The bill would change that to include all employees under 20.

Michigan's minimum wage for those over 18 is currently $8.15, but if the bill were to go into effect today, employers could pay people under 20 the lower federal minimum wage of $7.25.

The bill also bumps up the "training wage," which employers can pay to people under the age of 20 for the first 90 days of employment, from $4.25 to $6.25 an hour. It was up for a hearing in the Senate Commerce Committee on Wednesday.

Bill sponsor Rep. Margaret O'Brien, R-Portage, said it's usually small local businesses who are willing to take a chance on giving somebody their first job. She knows firsthand that when her kids worked their first jobs at a concession stand they made a lot of mistakes.

"There's very few employers who will hire a 15, 16 or 17-year-old," O'Brien said.

Current law provides for a youth training wage of $4.25 for the first 90 days of employment for those under 20. O'Brien said that in talking to local businesses, not many use the training wage."









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1 Comments:

Blogger SnoopyTheGoon said...

Robots... mmm. Short order cooks might be endangered too.

June 25, 2015 2:19 am  

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