By forcing a higher wage, they just created more inequality. Now these people don’t have jobs and the total number of jobs has been reduced.
By forcing a higher wage, they just created more inequality. Now these people don’t have jobs and the total number of jobs has been reduced.
mp3@lemmy.ca 7 months ago
And these vacant positions elsewhere also need to pay minimum wage. It’s a temporary setback until the system adjust to the new minimum.
wintermute_oregon@lemm.ee 7 months ago
The total job market is reducing. That means there will be fewer jobs. California already has higher unemployment. So they just created a worse situation for these people. The job market for them keep getting smaller.
BunkerBuster@lemmy.world 7 months ago
Your belief in a fair market has you blaming all the wrong people for all the wrong things.
wintermute_oregon@lemm.ee 7 months ago
Wages are set by supply and demand. I blame the correct person in this situation. The California government
mp3@lemmy.ca 7 months ago
With the raising cost of living, the job market is going to shrink, minimum wage increase or not. It just means that the more fortunate need to pay more to those who are less fortunate if they want to employ someone.
The market obviously can’t regulate itself correctly and needs a little nudge if someone can’t make a living wage from a full-time job.
wintermute_oregon@lemm.ee 7 months ago
They were living before and now they have no money. The market was working fine.