>In addition, the company also pledges its public policy team will lobby for an increase to the federal minimum wage from $7.25 — it doesn’t identify a specific wage that it’s targeting, but instead says, “We believe $7.25 is too low. We would look to Congress to decide the parameters of a new, higher federal minimum wage.” I'm going to take a wild guess and assume it will be $15/hour. That way they'll get to look pr…
This is disastrous for low skilled workers. It removes the bottom rung of the economic ladder -- if you have no skills or little skills, the best way to develop skills is to be employed. If you don't provide more than 15$ per hour of value then you won't be able to get a job. This also helps create a moat around amazon - if they can get the costs of everyone to go up, when they unleash better picking/warehouse automa…
Sure, there's an element of "this job is only worth $7.5/hour, so if we have to pay someone $15/hour we won't do it", but I'd suggest that those jobs are actually not that common.
I'd instead suggest that most jobs need doing, and they will just cost more. Ditches still need digging, burgers still need flipping, and it will just cost a bit more now.