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re: Number of low wage jobs fall 6.8%, hours worked fall 9% in seattle after min wage increase
Posted on 6/26/17 at 2:15 pm to HailHailtoMichigan!
Posted on 6/26/17 at 2:15 pm to HailHailtoMichigan!
Hey seattle... 
0
Posted on 6/26/17 at 2:16 pm to Lakeboy7
quote:
The lol is on the American taxpayer who subsidize low wage employees in the form of benefits. Isn't that funny?
Womp Womp...
Care to try again?
Posted on 6/26/17 at 2:17 pm to HailHailtoMichigan!
I for one welcome our new robot McOverlords:
Posted on 6/26/17 at 2:18 pm to Ace Midnight
Friend of mine says Sams has an app that he scans items as he shops, checks out automagically and then has the same lady checking his cart at the door that Costco does. I'm sure Costco's app is in the works.
Posted on 6/26/17 at 2:35 pm to the808bass
Here's one thing I don't get. So employers in seattle are reducing hours and jobs, but what are they doing to make up for the lost labor? Customers still have to be served and things still have to be built. It takes longer than a year to adopt automation and some jobs can't be automated. So what are employers doing to make up for the jobs they eliminated?
Posted on 6/26/17 at 2:38 pm to HailHailtoMichigan!
quote:
So what are employers doing to make up for the jobs they eliminated?
A huge variety of things.
For small employers who were largely reliant upon low wage workers, their "solution" may have been that they are no longer in business.
For other employers, streamlining services to reduce or eliminate those that used to be profitable while using lower wage workers.
For others like FF where all of your competitors are largely in the same boat, you would have to raise prices, reduce variety, change quality, etc etc.
I mean, I guess what I'm saying is, the answers are numerous but none of them are positive.
Posted on 6/26/17 at 3:06 pm to ShortyRob
In all of America if we can get a higher minimum wage with only 100,000 jobs lost in a country of 320,000,000....effin yeah that is a good deal.
It's not worth having a job, if a job is not worth having. And at too low of a wage, it's not worth having.
It's not worth having a job, if a job is not worth having. And at too low of a wage, it's not worth having.
Posted on 6/26/17 at 3:08 pm to Eurocat
quote:
In all of America if we can get a higher minimum wage with only 100,000 jobs lost in a country of 320,000,000....effin yeah that is a good deal.
If the hourly wage goes up and the number of hours worked goes down, there's no win. I know you still can't understand this because you're economically illiterate to begin with.
This post was edited on 6/26/17 at 3:09 pm
Posted on 6/26/17 at 3:13 pm to HailHailtoMichigan!
quote:
So employers in seattle are reducing hours and jobs, but what are they doing to make up for the lost labor
If you're a sole proprietor type business (regardless of tax filing status), the owner may be working in the business more to "afford" the higher hourly wage. You may expand the responsibilities of staff. So waitstaff covers x+2 tables instead of x tables. You reduce your stock team hours by 20%
Posted on 6/26/17 at 3:14 pm to HailHailtoMichigan!
And what are the numbers for the rest of the country? Number of low wage jobs falling could be a good thing or a direct effect of automation.
Posted on 6/26/17 at 3:15 pm to Eurocat
quote:it's like you wilfully chose not to read. Go back and read my post you fricking moron
In all of America if we can get a higher minimum wage with only 100,000 jobs lost in a country of 320,000,000....effin yeah that is a good deal
Posted on 6/26/17 at 3:16 pm to the808bass
quote:But if you can do that and still survive, why not just do it in the first place? Why were those extra workers even hired?
ou may expand the responsibilities of staff. So waitstaff covers x+2 tables instead of x tables. You reduce your stock team hours by 20%
Posted on 6/26/17 at 3:18 pm to HailHailtoMichigan!
Tipped employees also had to make minimum wage at $15.
So when I lived in Seattle and we would go to restaurants for lunch or dinner the service was terrible. And I currently wait tables and am very lenient and forgiving when it comes to service. But places we would go to would have like 2 servers staffed for the whole restaurant. Because the restaurants couldn't afford to staff more than that. Your service was basically the server asking what you want to eat or drink. Then they had two Mexicans probably illegal who would run the drinks and food.
So when I lived in Seattle and we would go to restaurants for lunch or dinner the service was terrible. And I currently wait tables and am very lenient and forgiving when it comes to service. But places we would go to would have like 2 servers staffed for the whole restaurant. Because the restaurants couldn't afford to staff more than that. Your service was basically the server asking what you want to eat or drink. Then they had two Mexicans probably illegal who would run the drinks and food.
Posted on 6/26/17 at 3:19 pm to Eurocat
quote:
In all of America if we can get a higher minimum wage with only 100,000 jobs lost in a country of 320,000,000....effin yeah that is a good deal
So quick question.
When you bump a person from $8 to $10, what happens to the previous $10 jobs? They get bumped up to $12. But wait. What happens to those jobs? They get a bump. And so on. And so on. And so on. And so on.
Meanwhile, prices of goods go up to counter the rise in cost of employment.
All the while, those at the lowest pay get their hours slashed, instead of hiring 3 min wage jobs they hire 2.
I know. Economics is hard to understand.
Posted on 6/26/17 at 3:21 pm to HailHailtoMichigan!
quote:
So what are employers doing to make up for the jobs they eliminated?
Based on my experience in Seattle just making the employees work harder. Service suffers as well.
Posted on 6/26/17 at 3:22 pm to HailHailtoMichigan!
quote:
But if you can do that and still survive, why not just do it in the first place? Why were those extra workers even hired?
Because most small businesses aren't run by hard analytics. They're run by "is there money in the bank account" method. So if you know labor costs (which might be 40% of your costs) are going up by 15%, you know you're going to have to cut your labor usage by at least that much to retain whatever level of comfortability you had.
Posted on 6/26/17 at 3:26 pm to Eurocat
quote:
When you read it slowly, you see that it is not that big of a deal.
One of the biggest cities in the country dramatically raised wages and the result was a job loss of 5,000. A drop in the bucket for a city of that size.
I'd take that deal if I was Seattle.
Posted on 6/26/17 at 3:31 pm to beerJeep
quote:This isnt even micro or macro....it common sense economics. Libs are dumb.
Lol economics is harrrrrd
Posted on 6/26/17 at 5:47 pm to beerJeep
Since prices only comprise a small part of the total cost of a product, prices would not rise at the same level that the minimum wage would rise.
In some very competitive inducstries, where price is a huge deal for consumers, prices may not rise at all.
In some very competitive inducstries, where price is a huge deal for consumers, prices may not rise at all.
Posted on 6/26/17 at 5:53 pm to Eurocat
quote:Your understanding of economics is exceptionally bad.
Eurocat
I mean, damn.
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