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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (736712)9/2/2013 6:54:19 PM
From: SilentZ  Respond to of 1577592
 
>Whether the minimum wage hike is in response or a contributing factor is up for debate. It's definitely a chicken-and-egg problem.

If it's negatively associated with the employment rate (and in the short run, of course it is), it isn't much. To lose a couple of tenths of a percent of employment for a spike in wages is, on balance, just fine. We can make it up in other ways. You can't really make up wages in any other ways other than paying more.

-Z


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