Lee Duna@lemmy.nzcake to News@lemmy.worldEnglish · 7 months agoWhy Americans feel gloomy about the economy despite falling inflation and low unemploymentapnews.comexternal-linkmessage-square264fedilinkarrow-up1370
arrow-up1370external-linkWhy Americans feel gloomy about the economy despite falling inflation and low unemploymentapnews.comLee Duna@lemmy.nzcake to News@lemmy.worldEnglish · 7 months agomessage-square264fedilink
minus-squareAnti_Iridium@lemmy.worldlinkfedilinkarrow-up9·7 months agoYes it is, it is the absolute floor that someone can be paid.
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up2·7 months agoYes I am aware. That’s still not relevant whatsoever.
minus-squareSparlock@lemmy.worldlinkfedilinkEnglisharrow-up8·7 months agoBut it is relevant? Just like when massive unions get better pay rates (or weekends) it raises the bar for what all other workers expect, except the min wage has MORE effect since it applies across all employment.
Yes it is, it is the absolute floor that someone can be paid.
Yes I am aware. That’s still not relevant whatsoever.
But it is relevant?
Just like when massive unions get better pay rates (or weekends) it raises the bar for what all other workers expect, except the min wage has MORE effect since it applies across all employment.
“A rising tide lifts all boats”