As We've Been Saying, California's Minimum Wage Rises Increase Unemployment

[Tikaru]

I bought and enjoyed a can of cherry Pepsi yesterday. Today I stubbed my toe on the coffee table.

I will never buy Pepsi, otherwise I'll stub my toe again.

[Berengil]

If a business can't pay a livable wage for the area it operates in, its business model is crap and it should go out of business.

[Ripster42]

Cali is also one of the largest economies in the world.

They're not talking absolute numbers, but % growth to clarify.

[GennGreymane]

They're not talking absolute numbers, but % growth to clarify.

I know

I just wanted to bring this up

[hydrium]

Correlation does not equal causation.

Yea the fact that this has happened in every location where the minimum wage has been increased is purely coincidence.

Liberals ability to perform the mental gymnastics required to spin this into something else has always fascinated me.

[Theinquisition]

Unemployment increased because BlackLivesMatter. No I don't need no proof ...

On serious side I think it is caused by shitty businesses which was already on edge of bankruptcy, and imo if they cannot afford a 2 dollar per hour more (if I get right information) they should close a long time ago ...

Woot!!!!

Hell yeah, everyone can work at walmart!!!

[Orange Joe]

Woot!!!!

Hell yeah, everyone can work at walmart!!!

At least walmart can afford to pay better it seems.

[pcmedicman]

Correlation does not equal causation.

"That's what loser's say, the winner goes and F@#ck's the prom Queen"

[Nalorakk]

I'm Australian.

I laugh in the face of Americans who naysay minimum wage increasing.

:]

[nanook12]

I'm Australian.

I laugh in the face of Americans who naysay minimum wage increasing.

:]

I just have to share this with an Australian.

I mean no harm. I just thought it was funny

[Theinquisition]

At least walmart can afford to pay better it seems.

Of course, economies of scale

Doesn't mean they won't find other ways of cutting costs, like....only hiring part time and giving "full timers" only 29 hours a week to avoid paying benefits.

- - - Updated - - -

I'm Australian.

I laugh in the face of Americans who naysay minimum wage increasing.

:]

IDK, when I visited Dubbo, a large pepperoni pizza with chicken poppers and a 2 liter of coke was over 40$

[Orange Joe]

IDK, when I visited Dubbo, a large pepperoni pizza with chicken poppers and a 2 liter of coke was over 40$

There are less poeople in poverty in Australia than there is in America.


Sure as an outsider things look expensive, but more of their population(%wise) can afford that pizza than ours can.

[Masark]

Outside of very, very expensive cities, a full time job at $10/hour is sufficient to provide for week-to-week living. I lived on a similar wage to this throughout graduate school and did basically fine; it requires not wasting money particularly often, but it didn't require any crazy level of frugality. For a couple, this is even easier - $10/hour for two people at 40 hours/week is a $40K/year income, which really is sufficient for a couple to live decently.

1. Which decade was this in?

2. $10/hour is enough if you're in Mississippi, but otherwise nope.

http://livingwage.mit.edu/

[dholland662]

The problem is that California has too much labor. So a wage rise is inappropriate

[nanook12]

The problem is that California has too much labor. So a wage rise is inappropriate

Nearly everywhere has a labor surplus anymore. How do you suppose to combat that?

[Ripster42]

Yea the fact that this has happened in every location where the minimum wage has been increased is purely coincidence.

Liberals ability to perform the mental gymnastics required to spin this into something else has always fascinated me.

Again, cali has the 2nd best job growth and GDP growth in the nation. They're not unfriendly to business.

[Sky High]

Again, cali has the 2nd best job growth and GDP growth in the nation. They're not unfriendly to business.

don't rain on the hate parade, even if they don't bother to read the article.

[eschatological]

artificial increases in wages are not a sign of good economics and hurt the employer

THE MARKET PAYS WHAT THE MARKET WILL BEAR

No, the market pays what it will get away with.

[Shadowferal]

Outside of very, very expensive cities, a full time job at $10/hour is sufficient to provide for week-to-week living.

You're full of bullshit. Where the hell did you come from that we should expect to believe this crap?
You can't afford a modest rent which would keep you out of the ghetto, food, cheap clothing and health insurance plus bus fare to get you around.
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Wages and inflation rates are pulling apart. It'll reach a point where a person can't even afford food...Although I'm sure the shit will hit the fan long before it gets that far.

[Machismo]

California's unemployment rate went up in June, just like the entire country's unemployment rate. It happens a lot in June, because of the sheer number of younger people entering into the workforce. Now, I'm certainly not a supporter of their minimum wage increase, but what is being pushed is just plain disingenuous.