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California passes bill to begin $15 minimum wage.
Posted on 3/31/16 at 2:17 pm
Posted on 3/31/16 at 2:17 pm
Posted on 3/31/16 at 2:18 pm to xxKylexx
California should just be its own country
Posted on 3/31/16 at 2:18 pm to xxKylexx
quote:
Inflation will happen in phases until 2022 apparently.
Posted on 3/31/16 at 2:19 pm to xxKylexx
Keep it up California. You're already North Mexico.
Posted on 3/31/16 at 2:21 pm to xxKylexx
Just another reason I don't go to California. How much will a Big Mac cost now?
Posted on 3/31/16 at 2:21 pm to xxKylexx
Cue the inflation and automation.
Posted on 3/31/16 at 2:25 pm to xxKylexx
quote:
The increase will boost the wages of about 6.5 million California residents, or 43% of the state’s workforce, who earn less than $15, according to worker group Fight for $15.
Wow. That's an insane number that earn less the $15 per hour. So instead of going out and getting a degree or learning a trade they just simply complain until they get more money for working at a fast food restaurant. Nice.
Posted on 3/31/16 at 2:25 pm to xxKylexx
Look at the bright side, maybe all the minimum wage earners in Louisiana will just move to Cali.
Posted on 3/31/16 at 2:25 pm to xxKylexx
quote:
Under California’s plan, its minimum wage, currently one of the highest in the nation at $10 an hour, would rise to $10.50 in 2017, $11 in 2018 and a dollar each year through 2022.
$2k+ a year raise for every FTE employee. Amazingly dumb.
Posted on 3/31/16 at 2:26 pm to xxKylexx
If cost of living is that high in California then whatever do what yall want. Just don't try and push that thinking on other states.
Posted on 3/31/16 at 2:31 pm to xxKylexx
Good. The San Fran rent threads are pretty high in entertainment value.
Posted on 3/31/16 at 2:35 pm to xxKylexx
All the Louisiana oil turds that got laid off can come flip In N Out burgers for $15 an hour
Posted on 3/31/16 at 2:35 pm to xxKylexx
Will businesses with large amounts of minimum wage workers not just move to a neighboring state?
Posted on 3/31/16 at 2:36 pm to xxKylexx
I say raise the min wage everywhere and get rid of about 98 percent of our welfare programs.
Posted on 3/31/16 at 2:39 pm to xxKylexx
Minimum wage shouldn't exist at all, but that's another argument all together.
It's probably not too much of a problem in most cities in California, but the rural areas will get hammered. If this happened in Louisiana it cripple most small sub 20 employee businesses.
It's probably not too much of a problem in most cities in California, but the rural areas will get hammered. If this happened in Louisiana it cripple most small sub 20 employee businesses.
Posted on 3/31/16 at 2:44 pm to xxKylexx
Can they just change "minimum wage" employees to like a base salary of $20k?
(20k is essentially about $10/ hour)
(20k is essentially about $10/ hour)
Posted on 3/31/16 at 2:47 pm to xxKylexx
Hi.
My name is economics.
No one in California had ever met me. They might have heard of me, but they never took the time to study or learn about me.
They are in desperate need of an expert on me though.
My name is economics.
No one in California had ever met me. They might have heard of me, but they never took the time to study or learn about me.
They are in desperate need of an expert on me though.
Posted on 3/31/16 at 3:02 pm to xxKylexx
Good news, really. People will realize how much small things such as fast food will end up costing.
It'll either lose people jobs (by replacing them with machines), or the price will skyrocket.
It'll either lose people jobs (by replacing them with machines), or the price will skyrocket.
Posted on 3/31/16 at 3:06 pm to xxKylexx
if I lived in California, I'd work there and spend all the money in Oregon, Nevada, Arizona.
Posted on 3/31/16 at 3:25 pm to xxKylexx
There's a ripple effect into salaried people here.
As of now the Fair Labor Standards Act requires a minimum weekly full-time salary set at least at $455 to qualify for an exemption under the act.*
As minimum wages rise, this number will too. So businesses will be looking to out-source jobs & responsibilities that they did in-house.
If the Federal Minimum Wage rose 40% tomorrow and forced this $455 to be $637, I know of three people who would be looking for work.
* DOL LINK
As of now the Fair Labor Standards Act requires a minimum weekly full-time salary set at least at $455 to qualify for an exemption under the act.*
As minimum wages rise, this number will too. So businesses will be looking to out-source jobs & responsibilities that they did in-house.
If the Federal Minimum Wage rose 40% tomorrow and forced this $455 to be $637, I know of three people who would be looking for work.
* DOL LINK
This post was edited on 3/31/16 at 3:26 pm
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