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re: Data Shows Unemployment Down, Growth Robust After San Jose Adopts $10 Min Wage
Posted on 11/4/14 at 10:31 am to hikingfan
Posted on 11/4/14 at 10:31 am to hikingfan
Do you have any idea what the cost of living in Silicon Valley is?
Do you not remember all the media reporting 1000 +/- sq ft homes going for 700-900K+?
That pocket of America is unique and I would assume there aren't too many that are paying workers that low of wage there.
Do you not remember all the media reporting 1000 +/- sq ft homes going for 700-900K+?
That pocket of America is unique and I would assume there aren't too many that are paying workers that low of wage there.
1
Posted on 11/4/14 at 10:35 am to RockyMtnTigerWDE
Exactly. If the market wage rates in an area are above the price floor set by MW laws, then there are no ill effects.
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