The Employment Impact of a Comprehensive Living Wage Law,
Two main conclusions can be drawn from this report. First, the minimum wage increase could cause 612,783 workers to lose their jobs, with approximately one-third of the job losses in the retail trade industry. This would cause an annual income loss to all affected workers of $8.3 billion. Second, the cost to employers would be quite substantial. The wage mandate would raise labor costs by $22.8 billion per year (even after adjusting for reduced employment), with the costs concentrated in the retail and service industries.
Lost in the living wage debate is the fact that failing to acquire even basic skills can mean a significant decrease in earnings potential. Many low-skill workers develop these skills at entry-level jobs often at the minimum wage. As their skill base increases, so do their wages. Enacting ultra-high “living wages” means denying low-skilled workers the skill-building opportunities they need to make a “living” for themselves and their families.
http://epionline.org/study_detail.cfm?sid=3
Minimum wage laws keep people down. They are disincentive from going out and improving yourself to make more money. Government forces employers to pay people more to stay in mind and spirit-killing zombie jobs that they might otherwise be forced to get out of to make more money. Minimum wage laws are making millions of people into mind-numbed dependent zombies who will never really be alive.
This never works. All it ever does is kill jobs for people who need them, and penalizes companies by making them less profitable.
It’s like “affordable housing.” That doesn’t work either.
“Living wage”? The most idiotic thing I have ever heard after these same idiots proclaiming and asserting that an education, owning a home and a car, a job, etc. are human rights..... =.=
Will they ban me from bringing my own food/snacks/water/reading material?
-Yeah
"That'll be thirty-seven eighty-nine."
Minimum wage in Illinois is already $8.25, and Chicago is a high cost of living area. Likely most of these places are already paying ten or eleven bucks to get help. A non-issue intended to make Democrats look generous.
Does this mean the airport $5.00 candy bar will now cost $15.00??
Held hostage at the airport. Cannot bring your ‘outside’ water bottles (drink at the fountains if you can find one).
Cannot get food etc., through the screening barriers - the only refreshments are those for sale at the retail outlets -beyond the screeners.
No Chicago for me, thanks.
Just a ploy to force the airport retailers to hire union members by pricing out nonunion labor.
And if the businesses complain, the Chicago Dem machine can trot out Hillary’s let-them-eat-cake reply: “I can’t save every undercapitalized entrepreneur in America.”