Doesn't seem to have hurt Seattle:
Seattle once again nation’s fastest-growing big city; population exceeds 700,000
New labour laws - $15/hour min - 3 weeks vacation
- Thread starter rhuarc29
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Seattle once again nation’s fastest-growing big city; population exceeds 700,000
In today's era it doesn't matter how many vacation days people get. Half won't take them for fear of getting canned/replaced, getting backlogged on work, etc. http://www.marketwatch.com/story/55-of-american-workers-dont-take-all-their-paid-vacation-2016-06-15
We can't look only to population growth as definitive proof that a higher minimum wage is good or bad. There are so many other stats we'd need to do a fair comparison between Ontario and Washington state like cost of food, energy, transportation, social programs for people on minimum wage and of course taxes.
People hear "McDonalds" and think of the multinational corporation, but 75% of McDonalds' are franchises, owned by small business persons.
+1
...also to adjust for inflation and the falling loonie. Bad for small businesses but good for the low income working Joe who needs to make ends meet.
http://www.huffingtonpost.ca/2016/11/25/wages-canada-inflation_n_13208758.html
The average weekly earnings of Canadians rose by a weak 0.4 per cent in September from the same month a year earlier, to $957.27, Statistics Canada said Thursday. But the consumer price index for the same month showed prices rose 1.3 per cent over the past year, meaning that, adjusted for inflation, the average Canadian wage has fallen by 0.9 per cent in the past year.
How much is it to buy into that franchise? I think the kind of money you need to do so doesn't make you a small business.
Overall, it is a scarey proposition because it is hard to predict what will happen.
$11/hour is tough to live on. But $15/h might be tough to afford.
Maybe there's a middle ground... lower increase but tax breaks for people making min wage and tax break to employers?
$11/hour is tough to live on. But $15/h might be tough to afford.
Maybe there's a middle ground... lower increase but tax breaks for people making min wage and tax break to employers?
On this,...you are correct,...once initiated,...will be a continuous upward spiral.
It will NEVER be enough.
Oh. Didn't know that I once heard Tim Hortons and Shoppers you needed over 1 miilion to buy in so thought McD would be the same. Also the cost of building a McD can't be cheap. For those reasons I am not sure if they count as a small business. To me small business is basic store front etc/
She can try whatever pandering tricks she wants. However, this will be the first time ever that i will be voting for the conservatives. This from a life long Liberal.
What this will mean is more small businesses closing their doors for good as they won't be able to compete with the big players. The idiots making these decisions have never run a business, never had to meet a payroll, never had to risk their own capital. I'm so disgusted by this I plan to contact my local Liberal MPP's office.
Not only do employers have to pay the additional wage, they have to give 5 extra days of paid vacation time, pay the additional CPP, EI, WSIB and EHT. Not to mention the pressure to bump up the wages of their employees who make above minimum wage. This is a disastrous decision for an already reeling economy.
Minimum wage was never designed to be lived on. It's supposed to be an entry level wage for part time and non skilled workers and students.
This exactly. Also very important to keep these jobs as starter jobs, I and a lot of the friends I grew up with started out that way.
Think of the entire economy like you would think of all your customers; the small ones can be a pain in the ass and sometimes not worth keeping however when you add them all up, they make a fair percentage of your overall business so not serving them anymore isn't a good decision. Also some small customers grow to be big customers.
Now this idiot is killing all the small minimum wage jobs a lot of which will just disappear. Where will kids out of school start out? Maybe CEO of Kathleen Wynne's Fantasy World? How about the high school drop outs who finally decide to stop smoking weed and get their shit together. Where are they going for employment? How many of these "small customers" will end up being big ones? Or will they just go back to smoking Justin's legal weed and getting Wynne's free drugs to help with all the chronic pain issues caused by the weed when they get older. And by then they will probably be alcoholics as well. Great world this is now eh?
I would like to add to that, ask 10 different economists for their opinion, and you'll get 11 different answers.
Only time will tell who's right and whether this will have detrimental consequences for Ontario's economy. My guess is we'll be allright
It doesn't matter what the initial intent was (assuming people accept your theory), reality is what it is. And many, many people are now living off minimum wage. There is no plethora of above minimum wage jobs just waiting for minimum wage earners to move into. The reality is that employers will pay what they can get away with paying, and barring a minimum wage many/most employers wouldn't even pay that.
What I would much rather see is a tremendous increase in training programs (free or heavily subsidized) so that people stuck in minimum wage paying jobs have a real opportunity to move up. With a particular emphasis on skilled trades, technology, research & development, etc. But again, this training needs to result in a more knowledge/skilled based economy that will create those higher paying jobs. Instead granting tax subsidies to keep low skilled manufacturing jobs in Ontario is the absolute wrong thing to do.
Having to raise the minimum wage is treating the symptom, not the disease. But it may be (arguably) the best way to make immediate, obvious change here and now that will have immediate results for people (rightly or wrongly). And let's be honest, this change is really in very large part due to next year's election. Not entirely, but to a very large extent.
She'll do almost anything right now to get elected, or at least improve their standing after the next election.
It's funny how politicians don't see things in the real light of day, shrugging off what economists say.
The rise in prices will be one way of dealing with this, if the business doesn't go under first. Another way is a loss of jobs, as some businesses will undoubtedly lay off a number of workers to offset this. PT jobs are a large part of the present day work force and the rise in MW will not help those who lose their jobs.
It's funny how politicians don't see things in the real light of day, shrugging off what economists say.
The rise in prices will be one way of dealing with this, if the business doesn't go under first. Another way is a loss of jobs, as some businesses will undoubtedly lay off a number of workers to offset this. PT jobs are a large part of the present day work force and the rise in MW will not help those who lose their jobs.
Good point. A 2013 report I found said that 9% of workers make minimum wage. Not sure how accurate that is but if true then the impact while still significant is not as bad as I thought. I thought the number was higher.
