Re:Seattle: Highest Minimum Wage, Lowest Unemployment Rate
by Chos89 on Sunday October 30, 2016 @05:00AM
(#12828777)
Like the people who clean your buildings, so I can assume companies will stop using cleaning services?
If some job needs to be done it will be paid.
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Re:Seattle: Highest Minimum Wage, Lowest Unemployment Rate
by user5994461 on Sunday October 30, 2016 @08:54AM
(#12829517)
As a matter of fact yes.
To have been in a country where there are "high" minimum wages, the low value added jobs are the first going away because they're too expensive for what they are.
Cleaning service is one of them.
Re:Seattle: Highest Minimum Wage, Lowest Unemployment Rate
by godd2 on Sunday October 30, 2016 @06:26AM
(#12829023)
> If some job needs to be done it will be paid.
The opportunity cost of a service is the limit for which one would be expected to pay for it. If forced to pay $1,000,000 to have someone clean your bathroom, you'd end up cleaning it yourself.
Re:Seattle: Highest Minimum Wage, Lowest Unemployment Rate
by MichaelBurge on Sunday October 30, 2016 @05:33AM
(#12828863)
Grocery stores have something like a 1-2% margin, and people are often price-sensitive when shopping for food. So they'd have trouble raising prices. Probably they'd try to depend on self-checkout machines more. I imagine fast food companies like Taco Bell would lose sales.
High-margin software companies wouldn't care about the cost of their janitors, like you suggest.
Re:Seattle: Highest Minimum Wage, Lowest Unemployment Rate
by drakonandor on Monday October 31, 2016 @12:34PM
(#12838401)
> High-margin software companies wouldn't care about the cost of their janitors, like you suggest.
The CEO might not, but an enterprising facilities manager would certainly try to cut expenses by replacing the pleb who vacuums the hallway with a plus-size Roomba.
Re:Seattle: Highest Minimum Wage, Lowest Unemployment Rate
by tropo on Sunday October 30, 2016 @10:54PM
(#12834010)
Yes. The telephone sanitizers become too expensive, dooming us all:
https://en.wikipedia.org/wiki/List_of_minor_The_Hitchhiker%2...