Half are indeed teens and young college kids. That is a fact.
Just out of curiosity, how do you know whether young adults who work minimum wage jobs are enrolled in college?
Half are indeed teens and young college kids. That is a fact.
his colon told him
tc, when you look into unemployment numbers look at the youth unemployment rate. They have the highest number and are the one's hit hardest by increases in wages. (I will say I'm not completely clear how they come up their numbers. If you are in school full time and don't have a part-time job are you considered unemployed?) I agree with you that more money for kids being able to save for their future is a good thing. Where I disagree with you is that it should be forced on employers by the government. When wages are forced higher more kids are going to be unemployed.
Leave it to Dung to quote a bunch of Keynsians ...
yeah he should be quoting your short Bus Austrian school huh
Leave it to SF to cite (I didn't quote anyone, I cited to someone) to no one while ignoring the question I asked him.
why so you can ignore it some more
tc, when you look into unemployment numbers look at the youth unemployment rate. They have the highest number and are the one's hit hardest by increases in wages. (I will say I'm not completely clear how they come up their numbers. If you are in school full time and don't have a part-time job are you considered unemployed?) I agree with you that more money for kids being able to save for their future is a good thing. Where I disagree with you is that it should be forced on employers by the government. When wages are forced higher more kids are going to be unemployed.
I don't think the unemployment among youth is due to minimum wage. It's due to a whole lot of other factors, including older adults who can't find jobs in their normal fields going for the minimum wage jobs.
If teens earn more, a lot of them will spend more - and they will spend it on pizza, movies, clothes - places which employ young workers at minimum wage. See the upswing circle that could happen here?
So, like, how do you know the enrollment status of young adults who earn the minimum wage? Do you have a link to a source for that?
Where does that extra money come from?
I am not going to get into a game of semantics when you know what I was referring to. If it helps ease the pain for you, then we can say college aged kids... do you feel better now?
Businesses selling more have more to pay in wages.
Given how businesses have been hoarding money the last few years, not too worried about them.
I can get any crack off the street to work at McDonalds.