Going to hell in a handbasket & holding on to the handle!
source: http://globalgrind.com/news/scranton-pa-cuts-city-workers-pay-down-minimum-wage-details
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- WalmartRamen
- added this
As we get into the red, will people listen?
As you know Scranton PA, 398 city workers, including firefighters, police officers and the mayor himself, were paid a reduced rate of $7.25 an hour.
( http://globalgrind.com/news/scranton-pa-cuts-city-workers-pay-down-minimum-wage-... )
And now, 49.1 Million Americans Are Poverty Stricken!
( http://globalgrind.com/news/broke-america-491-million-americans-are-poverty-stri... )
These are bad times. And now more than ever, it's time to pump money
into the workers, pay them better. The old way of thinking failed!
This is not just hot air! There are many studies on this!
"This briefing paper begins by providing an overview of the jobs crisis facing American workers—a crisis that must be resolved if low-wage workers are to experience brighter labor market prospects. It then explores the racial/ethnic composition and education levels of the low-wage workforce. Next, the briefing paper examines which states have the highest and lowest shares of low-wage workers. Following this is an analysis of which of the 22 occupation groups identified by the Bureau of Labor Statistics have the highest and lowest shares of low-wage workers, and provides an overview of how overall employment in those groups is expected to change by 2020. It then turns to a discussion of how overall education, training, and work-experience requirements of the U.S. workforce will change between 2010 and 2020. The paper concludes by explaining why any focus on increased access to good jobs for low-wage workers should be less concerned with educational attainment or changes in the skill demands of the labor market, and more concerned with a range of policy-related issues that affect job quality—namely, the stagnating value of the minimum wage, the erosion of health and retirement benefits, and the decline in bargaining power of American workers."
( http://www.epi.org/publication/bp341-future-of-work )
"This study uses the most recent data available to update the 2007 report on the impact to workers and shoppers if Walmart increased its minimum wage. It finds that a $12 per hour minimum wage would provide substantial benefits to Walmart workers in low-income families, while the costs would be dispersed in small amounts among many consumers across the income spectrum."
( http://laborcenter.berkeley.edu/research/walmart.shtml )
As you know Scranton PA, 398 city workers, including firefighters, police officers and the mayor himself, were paid a reduced rate of $7.25 an hour.
( http://globalgrind.com/news/scranton-pa-cuts-city-workers-pay-down-minimum-wage-... )
And now, 49.1 Million Americans Are Poverty Stricken!
( http://globalgrind.com/news/broke-america-491-million-americans-are-poverty-stri... )
These are bad times. And now more than ever, it's time to pump money
into the workers, pay them better. The old way of thinking failed!
This is not just hot air! There are many studies on this!
"This briefing paper begins by providing an overview of the jobs crisis facing American workers—a crisis that must be resolved if low-wage workers are to experience brighter labor market prospects. It then explores the racial/ethnic composition and education levels of the low-wage workforce. Next, the briefing paper examines which states have the highest and lowest shares of low-wage workers. Following this is an analysis of which of the 22 occupation groups identified by the Bureau of Labor Statistics have the highest and lowest shares of low-wage workers, and provides an overview of how overall employment in those groups is expected to change by 2020. It then turns to a discussion of how overall education, training, and work-experience requirements of the U.S. workforce will change between 2010 and 2020. The paper concludes by explaining why any focus on increased access to good jobs for low-wage workers should be less concerned with educational attainment or changes in the skill demands of the labor market, and more concerned with a range of policy-related issues that affect job quality—namely, the stagnating value of the minimum wage, the erosion of health and retirement benefits, and the decline in bargaining power of American workers."
( http://www.epi.org/publication/bp341-future-of-work )
"This study uses the most recent data available to update the 2007 report on the impact to workers and shoppers if Walmart increased its minimum wage. It finds that a $12 per hour minimum wage would provide substantial benefits to Walmart workers in low-income families, while the costs would be dispersed in small amounts among many consumers across the income spectrum."
( http://laborcenter.berkeley.edu/research/walmart.shtml )
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