Re:Montana to cancel unemployment benefits to address severe...
by ZoomerCretin on Thursday May 06, 2021 @09:54AM
(#27063211)
Employers are probably waiting for the pandemic and unemployment insurance to end so they don’t have to raise wages to attract workers to these now-hazardous working conditions, as it’s hard to walk back wage raises. Every employer benefits from a society where everyone pays their employees more, but also if they are the only employer to pay their own employees as little as they can get away with. Yes, the minimum wage does need to be hiked (arguably not to $15/hour), as it’s in the best interest of both employees and workers.
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Re:Montana to cancel unemployment benefits to address severe...
by pessimizer on Thursday May 06, 2021 @10:33AM
(#27063863)
> it’s hard to walk back wage raises.
That's what inflation is for. The problem is that the minimum wage should increase with inflation. Inflation is best used to lower the pay of the higher paid, not the borderline (for which there's no savings because of resultant increases in crime and the need to supplement low pay with transfer payments - which is just subsidy of private industry.)