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Labor is a market, subject to the same laws of supply and demand that guide the rest of the economy. Employers will pay no more than the amount necessary to attract enough workers to do the job they require. This is the same phenomenon that pushes a consumer to shop around to pay the least amount for a product or service they desire. It is a law of economics, but it might as well be a law of physics.
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7 comments:
boycott fast food!
The minimum wage should be set at $.01 and left there. One can make just as decent living on that as 7 or 8 dollars.
Fire every single one of them, and find new employees. They're lucky if they can tie their shoes, and are in the lowest ring of hire-able people. Give them $5 and hour and tell them to stfu.
Boycott all fast food. They are paid more than they are worth now.
Wait; these are UNION people and they are paid MINIMUM WAGE????? Why join a union, then? Just so you can pay dues out of the scraps you are tossed?
905-They are attempting to unionize, as unions are desperate for dues and are now courting fast food workers.
Say bye bye to the economy menu.
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