For those who don't know they are planning another "Fast Food Workers" strike across a good portion of major US cities as well as a few countries. Their demand is places like McDonalds etc up their minimum wage to $15 a hour because the current wage is not sufficient to survive. Mainly because they say the average fast food worker is no longer a high school kid but an over 25 adult typically a single parent.
While I understand their fight and I applaud them for trying my take is if we paid people in that job that amount of money it could have a drastic domino effect. I could see the businesses hiring less people because they are paying more out as well as the obvious cost increase to the consumer. I could also see this have a ripple effect into other businesses. Typically someone in the $15-$20 an hour range in a skilled worker of some sort vs an unskilled minimum wage worker. If we push the unskilled to the skilled range then we will have to pay the skilled ranged higher which could completely wipe out some small business that depend on skilled labor.
What are your thoughts on this topic?
While I understand their fight and I applaud them for trying my take is if we paid people in that job that amount of money it could have a drastic domino effect. I could see the businesses hiring less people because they are paying more out as well as the obvious cost increase to the consumer. I could also see this have a ripple effect into other businesses. Typically someone in the $15-$20 an hour range in a skilled worker of some sort vs an unskilled minimum wage worker. If we push the unskilled to the skilled range then we will have to pay the skilled ranged higher which could completely wipe out some small business that depend on skilled labor.
What are your thoughts on this topic?