Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Retirees who are bored or want to supplement their pensions now can.
“In a tight labor market, firms find recent retirees increasingly attractive,” said Kathleen Christensen, who funds research on aging and the American labor market at the Alfred P. Sloan Foundation. “Their skills are up-to-date, they possess critical institutional knowledge, and they can mentor younger workers.
The tight labor market has also secured higher wages for overtime workersand high-paying, coveted white-collar jobs for American teenagers.
Most recently, Breitbart News reported that the construction industry has had to recruit womento take jobs at higher wages rather than hiring illegal aliens. A Chick-Fil-A in California has even raised wages to $18 an hour to retain workers.
You don't get it... that's their choice - and because they are successful, they can do that. Others can't do that.
Their doesn't need to be a government mandate for them to do that.
Your crowd constantly moans that any increase or any minimum wage will be a precursor of ruination, especially in the QSR category, yet here is CFA doing it and humming along just fine.
LOL
Your crowd constantly moans that any increase or any minimum wage will be a precursor of ruination, especially in the QSR category, yet here is CFA doing it and humming along just fine.
LOL
C’mon I had to sell 1 of my 3 vacation homes. Im struggling here!
Your crowd constantly moans that any increase or any minimum wage will be a precursor of ruination, especially in the QSR category, yet here is CFA doing it and humming along just fine.
LOL
There's a big difference between a company doing it on its own vs being forced by government
Your crowd constantly moans that any increase or any minimum wage will be a precursor of ruination, especially in the QSR category, yet here is CFA doing it and humming along just fine.
LOL
That’s not what anyone is claiming. And you really dont understand the difference between this, and a mandated minimum wage increase?
Clearly, this location is so busy that it is worth paying those high wages in order to keep more employees working there.
You do understand that there are other locations that are less busy, dont you? You understand that there are different chains that dont have the same profit margin, dont you? You do understand that there are mom and pop shops that dont NEARLY have the same profit margin, dont you?
How can you possibly say, “Hey look, they did it, so everyone else can too!”?
We want wages to increase. But we want them to increase naturally, not artificially. When wages increase naturally, it is because the businesses are doing well. Then we all win.
So, overall wage growth is about zero. Wages are low anyway.....40% of Americans say they can't come up with $400 cash. Consumer debt is at the highest ever, as is student debt.
The DOW has made 1% for the first 6+ months of the year. Gas is MUCH more expensive, as is health care (and gonna get MUCH worse as Trump destroys the skin-in-the-game)....
But, wow, things are great.
The Mercers...billionaires who own Breitbart, are doing great. But claims of this amazing boom that happened just when Trump took office - total BS and anyone who looks knows it. We have had a slow, but consistent, recovery for at least 6 years - longer if you look at the charts.
This so-called amazing, greatest ever....YUGE economic boom should mean at least an "average" BULL return for stocks like Warren Buffets or other top mutual funds. I remember getting 15% or 20% returns in many of the good years. Yet we have 1% in 6 months and the Trumpies are shouting from the rooftops!
Note - this "great" economy even includes 1.5 TRILLION in free money borrowed from our children...and given to the corporations (largely) that are up that 1% in 2018.
The only thing that is fair to say is that the GW Bush 2008 Recession is largely over (the repercussions will take even longer, tho) and that Trump has not yet created a Global recession or depression. But to say that a 1% drop in unemployment (a continuation of a 5.5% point drop under Obama) is some great shakes....it total BS.
Pie in the Sky. And I say that as an investor and someone who 100% needs to live off that particular savings. I'm not feeling it and the performance graphs in Fidelity and Vanguard aren't showing it.
Now- if I owned some real estate in the Bay Area...then we could talk growth.
The summary has been given by every economist who actually looks at the data...no, not those who send out tweets saying "woo hoo". That is..the rich are getting much richer, but the average joe and john are not getting anywhere.
Psssst... sweetie... you need to actually read to know it's taken from a NEW YORK TIMES article.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
