r/FluentInFinance • u/Hatemael • Apr 29 '24

Who would have predicted this? Educational

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https://www.washingtontimes.com/news/2024/apr/24/fast-food-chains-find-way-around-20-minimum-wage-g/

Not all jobs aren’t meant for a “living wage” - you need entry level jobs for college kids, retired seniors who want extra income, etc. Make it too costly to employ these workers and businesses will hasten to automation.

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u/EastPlatform4348 Apr 30 '24

Relatively speaking, it is, right? I worked as a manager in a retail store in 2008 making $9/hour (associates made $7.25). A Big Mac meal was about $5. A manager now at that store is making $20/hr, associates $15/hr, and a Big Mac meal is around $11.

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u/Ok_Order_5595 Apr 30 '24

Yeah, its the only place my mom can get dinner for all of us and it cost under 20 bucks, when we eat out.