Your post is misleading, the reason is not because of the wage it is because employers are cutting hours to maintain profits.

 

That's what they need to do...owtlaw profits. Then there will be no problem. Investors should just learn to deal with losing money, so people can make "careers" out of jobs that used to be held mostly by high-school and college kids working part-time.

 

The raise in minimum wage was to help the people who earned minimum wage.
It failed. Their take home pay is now less than they were making before the pay raise.
The reason does not matter to them. All they know is they are getting less in their pay check.
Before the raise it was explained what would happen. It happened.
Sometimes people with real jobs should make the decisions and the people with no jobs or minimum wage jobs should listen.

 

Wrong... You're leaving out all of the variables that ACTUALLY affected the take home. It is impossible to get paid more and make less. Their hours may have been cut, yet an employer who needs to have 24 hours of work done a day, may have been running two-12-hour shifts, and due to the increase (which increases the overtime premium) may have changed it to three-8-hour shifts, costing those workers 4h/day/time x 1.5, yet with more free time they can work a second job. So make up your mind, do you want higher wages PLUS more people employed, or do you simply want a few making the money, and their taxes carry those unemployed... Choose.

Hush....an alias

 

https://qz.com/875491/japanese-whit...dy-being-replaced-by-artificial-intelligence/
No minimum wage there to affect them.

https://www.forbes.com/sites/larrya...rts-replacing-white-collar-jobs/#446f5acd1639
Medical industry, something highly specialized, going to get hit by this train as well

*not_secure_link*www.cbc.ca/news/business/automation-jobs-canada-computers-white-collar-1.3982466
Industries at risk of automation displacing them.

 

My husband works for a very large and well known tech company that is actively pushing automation. Once upon a time, having your CCIE from Cisco was a big deal. Instant $200k/year job 15 years ago. Today, they're lucky to get $135-$150k in markets outside of California and New York. Not only has the landscape shifted, the very nature of their jobs have changed. Being a CLI monkey isn't a good thing anymore. You have to know Python or C# and work with Ansible, Puppet or Chef and no longer the command line of your Cisco / Juniper / Arista switch. And even Python automation is coming, plug in some variable, the computer can write the script for you.

 

You're assuming there's a 1:1 correlation to salary and COGS which there isn't. There is a correlation but it's already been shown in multiple states (I'll use Colorado as an example) that in order to absorb the wage increase, on average, food service needed to raise the price of menu items on an average of $0.25 to $0.50 to cover the wage increase. That's not an alarming increase. The variable was the size of the restaurant and the number of items on their menu. Number of employees didn't strongly affect he final pricing.

 

You keep saying two different things. You still fail to understand the price a product is sold for depends on the price to produce that item.
For a company to stay in business they will be forced to raise their price when there is a rise in the cost of production.
Of course any company is going to push automation. Humans are the weak link in production.
People on the ground floor of any company seem to have a hard time understanding that they can be replaced.
That could be why they are on the ground floor in the first place.

 

https://www.nytimes.com/2015/04/02/business/mcdonalds-raising-pay-for-employees.html
McDonald’s to Raise Pay at Outlets It Operates
APRIL 1, 2015



All corporations are moving to automation, it's not the cost of the labor that is driving it it is the lack of massive profits. Look at the coal industry they have shed jobs every few years as newer equipment was invented that could do the job of several workers. In 1900 there were 784,621 coal workers in the US, by 1930 that number was down to 644,006 and by 1950 488,206. Owners and stockholders require operators to earn profits and to keep making that ever growing profit they have to cut costs and the only way to do that is cut safety, quality, or workers.

 

No I am not, never use the drive through. They always get your order wrong.
I also hardly ever eat fast food.

 

*not_secure_link*i.imgur.com/BcdyQbt.jpg

*not_secure_link*i.imgur.com/Ck2fKq4.jpg

 

Dah. That's because the rich had better toys than I did.

 

It isn't a case of feeling superior. It is a case of have more knowledge about how a business works.
It should be easy to understand how a person who owns a business would know more about it that a person working for minimum wage in the same business.
That has always been the problem with democrats. They do not have enough business people.
Their rich people got that way from being politicians and stealing from the tax payers.
They don't know shit about business but do know a lot about theft.

 

By that logic Dr. Ben Carson should be working at WalMart.

 

I believe it is the responsibility of the individual to make his/her life better. When I graduated from high school, I did not like the type of work I could get with a high school diploma, so I went to school and got a degree that allowed me to get a better job. I did not grow up in an affluent family, so I worked while in school and used student loans to cover the difference.

 

I did the same. Working and student loans put me through what college I had.
It is very hard to get people who didn't even graduate out of high school to see the worth of getting an education.

 

Jesus. Bad dog you drank the Kool-Aid.

 

And someone has to service all those machines. You know, keep them running. And with Plug n play, one doesn't have to be a rocket scientist to service the machines. But, the new jobs pay better than the jobs the machines replaced.
Progress!

 

..............other economic studies suggest that the decline of unions has lead to changing realities for workers that are not so pretty – including stagnating wages for men, and even a decline in marriage.​

Wait. Union membership increases marriage rates?
So. One can work a non union job, and have one idiot for a boss. Or, one can work a union job and have 3 idiots for bosses?
*Shooter runs off cackling

 

So, even though you increased wages, you were able to do the same work with fewer bodies, and Shooter is guessing, lower turnover?

 

I don't care what you pay, if in an industry with a large workforce, there is a percentage of deadwood that can be eliminated and still handle the same workload...

 

Many times it can be hard to eliminate the deadwood.
Union are mainly for deadwood now.
Affirmative action protects deadwood.
Sad to saw but sometimes the only way to get deadwood out of a department is to promote them.

 

The credit card company is betting people will not pay off their credit card every month.
So far they are winning by a wide margin. They do not stay in business by giving away money.

 

No doubt. I was just showing that it is possible to "beat the system".

 

Actually you aren't beating the system You are proving that a fiscally responsible person doesn't have to go into debt. Too many bitch that they can't get ahead, but they don't want to stay focused on their own advancement. If people were more focused on earning instead of thinking they are owed something the world would be a better place.

 

It is possible to beat the system but the % who actually do it is very small.
Usually there will come a month that people fall a little behind or decide they need some new toy and the easiest thing to let go another month is the credit card debt. After one time it is easy to let it go another time.
That is what the credit card company knows. It is only a matter of time.

 

Discipline...those that don't possess it are ripe for the picking...and you are right that there are a lot of fruit among us.