Green Energy
Behold, as the Wise Leader Tells Businesses How To Run Their Operations.
From PJM:
- Retard Of The Week: Progressive San Fran Businessman Threatened By Min. Wage Law Appalled By Increase In Cost Per Year
One-Percenter Doesn't Want To Pay His Fair Share From Brian Hibbs, the owner and operator of Comix Experience, is having a difficult time confronting the reality presented by San Francisco’s new minimum wage law. The law passed in November by a...
- What % Of Americans Who Happen To Be Black Voted For This Man?
BLACK TEEN UNEMPLOYMENT RATE 41.6%Friday’s jobs report was disappointing, but it also contained a truly heartbreaking statistic. Black teen unemployment is ashocking 41.6%. In July last year, the unemployment was considerably lower, at 36%. That almost...
- Scranton, Pennsylvania
Ye, gods! From this source, dated July 9, 2012: Pennsylvania city workers to take mayor to court over across-the-board minimum wage salaries Employees of a Pennsylvania city, who have all seen their salaries cut to minimum wage as the mayor grapples with...
- The Sad Irony
(Hat tip to Reliapundit for the graphic in this post) The facts about jobs related to tourism:Obama touts low-wage tourism jobs, nixes high-wage energy jobs A day after President Barack Obama nixed up to 20,000 high-wage Keystone XL pipeline construction...
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Investors Business Daily: 10-Year Real Wage Gains Worse Than During Depression By JED GRAHAM The past decade of wage growth has been one for the record books — but not one to celebrate. The increase in total private-sector wages, adjusted for inflation,...
Green Energy
THEY REALLY SAID THIS --- White House: Employers Can Prevent Job Losses After Minimum Wage Hike By Making Less Money, “Accepting Lower Profit Margins”
Obama Contemplates The Little People
Behold, as the Wise Leader Tells Businesses How To Run Their Operations.
From PJM:
The White House lauded a Congressional Budget Office report on the proposed minimum wage hike to $10.10 per hour while brushing off one key finding: that such a bill could cost half a million jobs, and maybe more.
“Overall the logic for the finding that raising the minimum wage does not result in large adverse impacts on employment is that paying workers a better wage can improve productivity and thereby reduce unit labor costs.
"These adjustments, along with others that firms can make, help explain why the increase in the minimum wage need not lead to a reduction in employment. Higher wages lead to lower turnover, reducing the amount employers must spend recruiting and training new employees.
"Paying workers more can also improve motivation, morale, focus, and health, all of which can make workers more productive. In addition, by reducing absenteeism, higher wages can increase the productivity of coworkers who depend on each other or work in teams.
"In addition, businesses can adjust in other ways rather than reducing employment (for example, by accepting lower profit margins). CBO’s estimates do not appear to fully reflect the increased emphasis on all of these factors from the recent economics literature.”GO READ THE WHOLE THING.
- Retard Of The Week: Progressive San Fran Businessman Threatened By Min. Wage Law Appalled By Increase In Cost Per Year
One-Percenter Doesn't Want To Pay His Fair Share From Brian Hibbs, the owner and operator of Comix Experience, is having a difficult time confronting the reality presented by San Francisco’s new minimum wage law. The law passed in November by a...
- What % Of Americans Who Happen To Be Black Voted For This Man?
BLACK TEEN UNEMPLOYMENT RATE 41.6%Friday’s jobs report was disappointing, but it also contained a truly heartbreaking statistic. Black teen unemployment is ashocking 41.6%. In July last year, the unemployment was considerably lower, at 36%. That almost...
- Scranton, Pennsylvania
Ye, gods! From this source, dated July 9, 2012: Pennsylvania city workers to take mayor to court over across-the-board minimum wage salaries Employees of a Pennsylvania city, who have all seen their salaries cut to minimum wage as the mayor grapples with...
- The Sad Irony
(Hat tip to Reliapundit for the graphic in this post) The facts about jobs related to tourism:Obama touts low-wage tourism jobs, nixes high-wage energy jobs A day after President Barack Obama nixed up to 20,000 high-wage Keystone XL pipeline construction...
-
Investors Business Daily: 10-Year Real Wage Gains Worse Than During Depression By JED GRAHAM The past decade of wage growth has been one for the record books — but not one to celebrate. The increase in total private-sector wages, adjusted for inflation,...