In the News

The Fight for Higher Wages

Let’s face it. Something’s broken here in an economy that serves up low wages to significant numbers of adults whose families depend on their earnings (the typical worker earning between the minimum wage and $10 an hour earns half of his or her family’s income; 88 percent are adults).  And something’s broken when the media and economic pundits seem to devote a lot more energy to explaining why companies can’t pay living wages than considering what to do about it.

About those questions:

■ Moderate increases in the minimum wage have had their intended consequences of lifting the earnings of affected workers.  Yes, the increase is absorbed by small price increases, some redistribution from profits, and other mechanisms, which can include some job or hour losses.  But the research is clear on this point: the benefits to low-wage workers far outweigh these costs. Those protesting workers are not economic illiterates at all. The research supports their actions.

■ Yes, it’s still a tough economy, but research on the 1990-91 minimum-wage increase, introduced in a downturn, found the same effects just noted.  Moreover, the runway to this debate is very long.  Start now and the increase could come when the economy is in better shape.

■ The franchisee point is a strong one. They do operate with narrow profit margins, and one should not conflate their profitability with that of their corporate parents. But minimum wages apply to all companies and industries (though there is an exception for waiters, as the great economist Sylvia Allegretto often notes), so no single company is at a competitive disadvantage. Also, another way part of the wage increase could be offset is through a reduction in the corporate parent’s royalty charge to the franchisee.

Chosen excerpts by Job Market Monitor. Read the whole story at 

Capture d’écran 2013-09-03 à 11.10.50FireShot Screen Capture #1753 - 'The Recovery Spreads - NYTimes_com' - economix_blogs_nytimes_com_2012_11_02_the-recovery-spreads__pagemode=print&pagewanted=print

via The Audacity of the Fight for Higher Wages –

Related Posts

US / Fast-food workers on strike for a ‘living wage’


Fast-food workers went on strike and protested outside McDonald’s, Burger King and other restaurants in 60 U.S. cities on Thursday, in the largest protest of an almost year-long campaign to raise service sector wages. Rallies were held in cities from New York to Oakland and stretched into the South, historically difficult territory for organized labor. … Continue reading »

Strikes at Wal-Mart, McDonald’s, Burger King: they’ve just had enough


Over the past week, port workers in Los Angeles went on strike. So did fast food workers from McDonald’s and Burger King. And last month, it was Wal-Mart workers. What gives? It’s a message from workers that they have finally had enough, labor experts say. Having endured a deep recession, when their jobs were imperiled … Continue reading »

NY / Hundreds of workers at dozens of fast-food chain stores are walking out on strike


The term “McJob” has come to epitomize all that’s wrong with the low-wage service industry jobs that are growing part of the U.S economy. “It beats flipping burgers,” the cliché goes, because no matter what your job might be, it’s assumed to be better than working in a fast-food restaurant. Today in New York City, … Continue reading »

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter



%d bloggers like this: