Quote:
Originally Posted by DiracSpike
But the specific issue we're pointing to, and a major problem with the coarse adjustment of the minimum wage increase is that teenagers aren't eating KD in a one bedroom dive. They're banking all their money and living at home. The most important thing to do for a young person is to get experience working, and with this rise we've seen employers come out and say they're less willing to hire young people. Then you start getting young people piling up on the unemployment line and unable to move up the rungs because they can't get started, all because a policy that was supposed to help them ended up doing the opposite by artificially increasing the cost of their unskilled labor. There's nothing wrong with working for $10/hour as a 17 year old living at home. Dont like making minimum wage? Good, you shouldn't, use that as a motivation to move up the ladder and show future employers who make more of an investment in you that you're worthy of that investment by your past job history.
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We saw one employer at a Latte Sipper ice cream shop claim this. Most minimum wage earners aren’t teenagers. 7 of 10 are full time. None of these fit the profile. Your old story of how job markets work just isn’t the case. And if this lack of young people getting hired because their are no jobs is a real trend than having minimum wage job experience will no longer be a selector for getting next rung of jobs.
Not enough jobs for high schoo kids is not an issue that needs solving.