Take the class then come back to us.
The concentration of wealth and inequality of pay growth over the last 50 years is approaching the levels leading up to the Great Depression. Your company is either an anomaly - demand you can't satisfy because you can't afford more workers sounds like an excuse for a lack of innovative thinking - or a symptom of the coming crash.
The money for whatever we need is available. We need to understand it is the work of the average American that creates the wealth. The present tax system, and the MBA's successful translation of our culture to the sole worship of the dollar of, has allowed the wealthy to become disgustingly rich and believe they are immune from the law. Americans will continue to work, earn money and buy things even if their bosses are significantly less wealthy. We just have to agree to disregard their bullshit about moving out of the country.
Not sure who will be teaching the robots highly skilled, manual labor tasks. Or how to provide distinguishing value. Competition in the market is a driver for creating value. Without people who know what the hell is going on it is highly unlikely robots will arrive knowing that on their own.Meh,
Robots will be making everything in another decade or two, so even those countries with cheap labor won't be working. Only those making and tending to the robots will have jobs.
I understand, but I did mention that the people who build and tend to the robots will have jobs. The net will be even fewer people required to make the same stuff than today, and there's a lot of robots already doing the repetitive manufacturing jobs.Not sure who will be teaching the robots highly skilled, manual labor tasks. Or how to provide distinguishing value. Competition in the market is a driver for creating value. Without people who know what the hell is going on it is highly unlikely robots will arrive knowing that on their own.
TIL legislatures are activist...
- Eighteen states began the new year with higher minimum wages. Eight states (Alaska, Florida, Minnesota, Montana, New Jersey, Ohio, South Dakota and Vermont) automatically increased their rates based on the cost of living, while 10 states (Arizona, Arkansas, California, Colorado, Maine, Massacusetts, Missouri, New York, Rhode Island and Washington) increased their rates due to previously approved legislation or ballot initiatives. Other states that will see rate increases during the 2019 calendar year include D.C., Delaware, Michigan and Oregon.
- New Jersey enacted AB 15 in February, which will gradually increase the minimum wage rate to $15 by 2024. (The minimum wage for tipped employees will increase to $9.87 over the same period.) The schedule of annual increases was delayed for certain seasonal workers and employees of small employers, and a training wage of 90 percent of the minimum wage was created for certain employees for their first 120 hours of work.
- Illinois enacted SB 1 in February, which will phase in a minimum wage increase to $15 by 2025. The measure also adjusted the youth wage for workers under age 18 (it will gradually increase to $13 by 2025) and created a tax credit program to offset labor cost increases for smaller employers.
- Maryland's legislature overrode a gubernatorial veto to enact a measure (SB 280) that phased-in a minimum wage increase to $15 by 2024 (with a delayed schedule of rate increases for smaller employers) and eliminated and the state subminimum wage for employees younger than age 20.
- New Mexico enacted SB 437 in April, which will raise the state minimum wage to $12 by 2023. The measure also established a training wage for high school students and slightly increased the tipped minimum wage.
Holy shit that's amazing! Seattle businesses can afford to pay their employees $15hr!I'm told a major exodus is taking place in Seattle...
Minimum wage in Seattle is soaring to $16 per hour in 2019 for the city's largest employers. The wage increase affects companies with more than 500 workers worldwide.
Companies with less than 500 employees will pay at least $15 per hour as of January 1, 2018. According to Seattle's Office of Labor Standards, "Small employers can meet this requirement by paying no less than $12.00 per hour in wages and contributing at least $3.00 per hour toward an employee's medical benefits and/or reported tips."
Statewide, Washington's minimum wage increases to $12 per hour in 2019, up from $11.50 in 2018. The state minimum wage will rise again to $13.50 per hour in 2020, as part of Initiative 1433.
Seattle's new minimum wage is more than double the federal minimum of $7.25 per hour, a rate that went into effect in 2009.
Seattle, the fastest-growing large city in the U.S., has been at the forefront of the movement for higher minimum wages. A local ordinance raised the minimum wage to as much as $11 an hour in 2015, then as much as $13 in 2016, depending on the size of the employer and whether it provided health insurance.