Skip to comments.Desperate for workers, US restaurants and stores raise pay
Posted on 05/13/2021 9:54:42 PM PDT by Olog-hai
U.S. restaurants and stores are rapidly raising pay in an urgent effort to attract more applicants and keep up with a flood of customers as the pandemic eases.
McDonald’s, Sheetz and Chipotle are just some of the latest companies to follow Amazon, Walmart and Costco in boosting wages, in some cases to $15 an hour or higher.
The pay gains are, of course, a boon to these employees. Restaurants, bars, hotels and stores remain the lowest-paying industries, and many of their workers ran the risk of contracting COVID-19 on the job over the past year while white-collar employees were able to work from home.
Still, the pay increases could contribute to higher inflation if companies raise prices to cover the additional labor costs. Some businesses, however, could absorb the costs or invest over time in automation to offset higher wages. …
(Excerpt) Read more at apnews.com ...
Wouldn’t it make more sense to cut back on the so-called “Stimulus” and “unemployment” handouts?
The current “administration” in DC is not about making sense.
The wages risen results in more taxes paid. It is pesudi-commujidm without calling it that.
And inflation will follow
Higher labor costs mean that cost gets passed on to the consumer. Which means as prices go up, our buying power goes down
There is nothing Liberty cannot screw up
While they might get raised revenue on one end, depressed economic activity diminishes the revenue on the other end.
There is a restaurant chain names Sheetz?
Democrats might have to find some additional incentive to keep people from working for anyone else but them.
It’s actually a convenience store/gas station chain that makes sandwiches, kind of like what Wawa is during certain hours (if you’re unfamiliar with the latter name, that’ll probably make you laugh as well).
I’ve heard of Wawa, but sheetz has a very specific meaning to most folks, as in food that ‘gives you the Sheetz’.
I suppose if I lived near one, I would just get used to hearing it, like any other store.
$15/hour is just the beginning.
In a year the average low-wage job will be $25/hour.
And a pound of bacon $7.
I am overjoyed I refi’d at 2.0% fixed. I can’t imagine a better investment.
Nobody will ever see that rate again. And home prices will surge just like bacon.
Which translates into higher costs at the restaurant for the customers.
Back door 15 dollars an hour;
1) Set generous unemployment to approximate the earnings of 15 dollars an hour.
2) Make it a net loss for anyone to get a job.
3) Employers must pay 15 dollars+ to attract someone.
4) Employer hires fewer people and goes with skeleton crew.
5) Populace becomes lazy.
6)Legalize weed everywhere you can, to increase laziness.
7) ruin educations for a solid year.
8) Censor all news so they don’t start adding things up.
Yep. And NO tips for the waiter.
You think these incompetent bastards are smart enough to plan all this. In the largest secret international conspiracy in the history of mankind. And a mature, open internet.
Of course, the joke could be on me.
I saw Sheetz gas stations when I visited West Virginia. I figured they were named after former Senator Robert Byrd, since one of his nicknames was “Sheets,” and a lot of other stuff in that state is also named after him.
“Which translates into higher costs at the restaurant for the customers.”
With the alternative of not having enough staff to open the restaurant and having no customers.
As a business owner, which would you pick?
The increased prices means less customers. There us no winning for them.
“ The increased prices means less customers. There us no winning for them.”
Yes, but the doors are open, the owner has income, and the owner can pay venders as well and rents and utilities.
Less customers paying higher prices is always better than no customers paying no prices.
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