“This episode was not wonky at all. I am a small business owner and the bottom line is there is a certain amount of work that needs to be done and that’s how many hours of labor you need to do the work, changing the pay of worker doesn’t effect this at all unless demand changes. There is not a wage pool that is fixed which would an employer takes that wage pool and divided is by the wage and then that’s how many hours are given out. It’s a work pool of how much labor hours are needed to meet demand. It’s not like an employer thinks “oh labor is cheap so I’ll just allow employees to mill around”. Our state minimum wage is going up a $1.50 and so to keep in step with the wage all of our hourly employees will be getting a $1.50 an hour raise. All boats rise except for mine and I raised our price to maintain my boat at the same level.”
this is really really stupid via Apple Podcasts ·
United States of America ·
09/02/19