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Labor shortage or terrible jobs?

annehelen.substack.com

521–530 of 1001 posts

Re: Labor shortage or terrible jobs?

#521

Earlier quoted context omitted.

Paying poverty wages is wrong, and child labour is wrong. They don't cancel each other out.

Is a 15-18 year old working fast food child labor?

child

"1. a young person especially between infancy and puberty

2. a person not yet of the age of majority..."

It depends on the definition of child you are using, I always thought the first to be correct.

https://www.merriam-webster.com/dictionary/child

Re: Labor shortage or terrible jobs?

#522

People say "If a business can't afford to pay a living wage, then they should close". But won't that hurt consumers and distort the market? Personally, I like having many options for food to eat. If all the marginal small businesses had to close because they can't pay someone $15/hr to wipe tables, then we might just be left with large chains like Olive Garden or Cheesecake Factory. I think people should get paid wha…

> People say "If a business can't afford to pay a living wage, then they should close" I have a cookie company that raised the pay after we opened our 2nd location (economies of scale, buying in bulk, etc). Its in my interest as an employer to raise the pay since it typically raises the buy-in from employees. Companies like Netflix and Costco pay at the top of the competitive range and it allows you to run a tighter…

> Companies like Netflix and Costco pay at the top of the competitive range and it allows you to run a tighter ship.

There's the old exchange:

> CFO asks CEO: “What happens if we invest in developing our people and then they leave us?”

> CEO: “ What happens if we don’t, and they stay?”

* https://www.linkedin.com/pulse/cfo-asks-ceo-what-happens-we-...

* https://twitter.com/richardbranson/status/449220072176107520

Re: Labor shortage or terrible jobs?

#523
post #476
post #434

Earlier quoted context omitted.

There are definitions and I believe another commenter in this thread has defined it very solidly about poverty. There will always be service sector jobs, this is the argument luddites were having in 1815 (I don't want to get into this as it is distracting from my main point). We should be ensuring that anyone putting in 40 hours a week should be able to support a family. The wealth is there to be able to create this…

What does it mean to support a family? Is getting them sheltered, clothed and well fed good enough? I think it is way easier to achieve today than in almost any other time in a human history, even for the low earners. Restaurants are a part of the service sector. A service job does not imply that it is attractive. And they differ in requirements. The well paid ones get more and more complicated and hence, proportiona…

At least in the US, that's just not true. Rent and healthcare costs (which together are the majority costs for low income people) have risen way faster than inflation since the 1970s.

Re: Labor shortage or terrible jobs?

#524
post #509

Earlier quoted context omitted.

> Please, define what is a poverty wage, it is important. The ability to afford adequate housing, food, and clothing. I'm not saying we should mandate people can afford a 1500 sq. ft. home, ribeye steaks every evening, and Ralph Lauren Polo threads, but how about at least a one bedroom, one bathroom apartment; nutritious, nourishing food; Walmart clothing at a minimum. > What is the change of the model in case of the…

> The ability to afford adequate housing, food, and clothing. I'm not saying we should mandate people can afford a 1500 sq. ft. home, ribeye steaks every evening, and Ralph Lauren Polo threads, but how about at least a one bedroom, one bathroom apartment; nutritious, nourishing food; Walmart clothing at a minimum. Now, what does adequate mean? I guess a place to sleep, a place to clean oneself, food and clothing seem…

> Are there many full time jobs in the US that do not allow that?

Very many.

Re: Labor shortage or terrible jobs?

#525

Earlier quoted context omitted.

Name one state where someone making minimum wage can afford an apartment, food, healthcare, and utilities, and some form of transportation. I think it's fair to say that if you can't, that counts as poverty.

Who says that's the point of minimum wage? That's where we disagree.

If you're agreeing that anyone living on that wage is in poverty, I think it's fair to call it a poverty wage.

Re: Labor shortage or terrible jobs?

#526
post #340

Earlier quoted context omitted.

I think the effects of price stickiness (on goods and labor) aren’t being adequately considered in these discussions. Yes, these restaurants could raise their wages to compete with unemployment, and many have. They’ll also need to raise their prices, which they have leeway to do, because everyone is facing the same costs. The problem occurs in a few months when the bonus unemployment runs out. Then there will be mill…

Rising the minimum wage is exactly the thing that should not be done, if one cares about the employment levels. It prices out the least qualified workforce of the market. To put it simply the less able/educated/experienced are not productive enough to cover own costs. So that no one wants to employ them and they are stuck. They start to rely on the government to provide them with resources and it means that have to v…

Oh how I wish this was a more popular view. Minimum wages have a history of exluding a group of people from employment to protect the higher wage earners jobs.

Minimum wage absolutely prices some people out of the job market.

Re: Labor shortage or terrible jobs?

#527
post #382

Honest question: why do discussions about minimum wage in the U.S. never propose having teenagers having a different minimum to adults? In australia we have a $12.50/hr minimum for 15 year olds. It climbs in increments until about $25/hr. This system allows teenagers to get a foot in the door for low-skilled jobs, and allows adults to get paid a livable wage. The result is that a lot of fast food jobs are performed b…

> Honest question: why do discussions about minimum wage in the U.S. never propose having teenagers having a different minimum to adults? Because its effect would be a transfer of jobs from working class adults to middle class kids.

Do you think so? While companies are incentivized to hire kids, the kids don't get any more incentive to do these jobs though (wage stays the same), and neither would the supply of them grow.

Re: Labor shortage or terrible jobs?

#528
From 2008 to 2014 everyone was talking about structural stagnation and then there wouldn’t be enough jobs and chronic unemployment for a generation. Meanwhile economist like Paul Krugman and Stiglitz were saying additional government stimulus after the financial crisis would’ve solved the problem.

Re: Labor shortage or terrible jobs?

#529

Earlier quoted context omitted.

You don't want to create a class of people who get paid badly because their jobs are terrible (and also low-skilled.) The only reason you would want a lower minimum wage for young people is because young people are stupid, and you want to put them into a job where they can learn i.e. low-skilled, but ramping up over time, like an apprenticeship. Paying people almost nothing to work a horrible job because you can get…

This sounds exactly like what OP indicated.

A fast food job isn't an apprenticeship. It's just a shitty job. Management of a fast food restaurant takes a bit of generalizable, transferable skill, but there are always going to be an order of magnitude more workers than managers. A job where only 10% of the workers can move up is a dead end job for 90% of them. Every apprentice carpenter can become a carpenter.

Re: Labor shortage or terrible jobs?

#530

Earlier quoted context omitted.

> but some of your numbers are pretty high. Cost of living across the US varies wildly. The numbers are pulled from my most recent billing cycle for Houston and partly extrapolated to minimum wage (which I am most definitely not , but have friends who are). My rent is $1500/mo for 920sqft inside the 610 loop. The leasing office wanted $2000/mo for new contracts in October last year. It's really hard to find places fo…

Are people doing office work for $7.25 in Houston? I agree that prices vary widely, I'm not sure it makes sense to take expensive places as typical.

Does that matter when there are plenty of other businesses and services doing not office work to support the office workers?
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