My question is if a basic entry level no skill set job is now worth $15 per hour, whats a semi-skilled or skilled job worth?
I am guessing a plumbers or electricians (newish) helper make $15 now, he should be getting $30 plus. So the plumber or tradesman should be $60 to $100?
So whats it cost to have some work done now $300 per hour?
I foresee major inflation situation coming then a glut of unused labor...
My economics class blamed the 1970s economy down spiral on Ford and the UAW by establishing an annual 3% raise. It set inflationary pressure on the economy and it just took off.
BTW who starts a family without establishing roots, a secure job and income?
Who says these jobs are careers? Who works these jobs for over a decade and does not get promoted? Why is it you need to live comfortably on eight hours work five days per week?
When I was low on money I worked more, found things to make money doing, 12hrs or more seven days per week when needed. My father did this before me as did his father...
I guess so free phone for me...
Well I started working at minimum wage at a large grocery store back about 1962. Of course I was in High school and part time work like that was all that was available. I worked hard always there on time and hardly had any sick days. It does not take long to pick up a couple raises.
Graduated school and got a job as a union construction laborer (good money) A few years later I applied and got in the Pipefitters union and as an apprentice under their rules I was now back on minimum wage. It was a 5 year apprenticeship and we got raises every 6 months. As you learn technique’s get some important skills you are more valuable and therefore better compensated
Now retired on a good pension, but if I was now working I would be getting about $40 an hour & about $30 per hour in benefits. (Retirement, health insurance Etc.) As a welder I might even get a buck or 2 higher wage depending on the job. Also on many jobs lots of overtime available!
To get that money as stated a 5 year apprentices. That consisted of being the low man on the totem pole and getting the "Good Jobs"! Good jobs consisted of the dirtiest, nastiest most boring things out there. You were basically a slave to the journeymen & foremen and they made it a point to make you do that work, while they got the better jobs.
Also going to school 2 nights a week (3 hours each) for 9 months a year X five years of course!
We learned many skills, working at mostly difficult/dangerous work normally outside in all sorts of weather (northern NYS) to get to that wage scale.
One of these days those minimum wage malcontents will figure that out. Course with the advent of ordering kiosks half of them will be gone soon. That comes from a good friend of mine that owns 2 well know fast food franchises!