All I see is people asking for more per hour but not more hours.
With that comes added work load and added responsibility for the CEO. Meanwhile, workers responsibility and work load remains the same.
I have noticed Smashburger and Subway are rolling out online ordering. Why pay people more money to ba a cashier, when customers are willing to be their own cashiers for free?
The last year in which the black unemployment rate was lower than the white unemployment rate was 1930. That was also the last year in which there was no federal minimum wage law.
The Davis-Bacon Act of 1931 was in part a result of a series of incidents in which non-union black construction labor enabled various contractors from the South to underbid Northern contractors who used white, unionized construction labor.
The Davis-Bacon Act required that prevailing wages be paid on government construction projects prevailing wages almost always meaning in practice union wages. Since blacks were kept out of construction unions then, and for decades thereafter, many black construction workers lost their jobs.
Many union wage contracts are tied to the minimum wage. If it goes up so does the contract wage, without negotiation.
The CEO of McDonalds Corp. has nothing to do with the wages of the guy flipping the burgers at the local restaurant. The owner of the restaurant pays the flipper’s salary. ITS A FRANCHISE!!!
Bad arithmetic. The workers would get an hourly increase of 0.61 cents per hour.
($5,370,666 / 420,000 employees) / (2,080 hours per year) = $0.0061 per hour = 0.61 cents per hour. Full time. But due to Obamacare, the workers will not get above 30 hours per week so the actual figure is closer to 0.82 cents per hour. For that matter, if they cut all the workers back to 6 hours per year each worker would get a $2.13 per hour increase.
It is real easy to make more money with no skills and education. It is called enlistment. Good pay, three squares a day, medical, housing, and benefits. If you are responsible, the US Military will pay for an education. But this require sacrifice and responsibility. These people have been suckered by leftist Unions that other people owe you.
Would just love to see these restaurants just close down until the wildcat strike ends. Owners could take a much needed vacation.