27 thoughts on “September 19, 2015

  1. In which, we learn what is meant by “fair wage.”

    Somehow we imagine that the amount paid for hourly labor should be a number that confers dignity on the recipient, rather than (what else) the amount where the supply meets the demand.

    • Except the price of labor is determined by a relatively small number of buyers (example: Walmart employs 1.4 million people or 1% of the entire working population) making the labor market for low skilled positions an oligopsony which distorts the value of labor.

    • The issue is when wages are so low that you cannot reasonably live on them. ( by reasonably, I mean that you don’t need to work a ridiculous number of hours per week. ( there is a REASON why weekly hours are capped in the EU, even if you disagree with what the cap IS. ( basically, even in a low-skilled job, you shouldn’t need to work yourself to the bone to put food on the table.

  2. On January 1, minimum wage will be $13 hr here, and the following year $15 hr. So now a supervisor and a cashier will make exactly the same wage…

  3. In Connecticut that guy would be getting $9.15 HR. That is min. Wage. It’s going to $9.65 in January and to $10.10 in January 2017.

    Also this guy would be better off going to Walmart. Walmart announced that in states where Minimum Wage was still less than $9/HR they would be starting new-hires with no prior experience at $9/HR.

    • The problem is, then you have to work at Wal-Mart, which by most reports is a terrible place to work. I’d take a job there if it was my last resort (and actually, I was turned down by them when I was out of work), but I’d take a position that pays a buck an hour less just to avoid them.

      • I am not sure who your “most reports” are, but from people I know who have worked there, it is a good place to be.

        I never trust “most reports” because only the people who complain are the people who are heard.

  4. My picks:

    Wednesday (no anger issues)
    Saturday (today’s)
    Monday (the computer guy)

    I’d go another round of interviewing before picking the rest.

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