So £26,000 vs. £794. I'd like to see this replicated.
So £26,000 vs. £794. I'd like to see this replicated.
But they can't because students and recent graduates and stay at home moms, etc, get the minimum wage jobs.
If we eliminated the minimum wage, then all the jobs that need doing, but whose economic value is $2.75 an hour would come into being. This means that the homeless person would be able to earn that $1,300 in two months. If low cost housing were legalized, they'd be able to live cheaply while getting on their feet and saving for getting a better job.
Minimum wage is the idea that we'd rather have someone homeless and not working at $0 an hour than have them have a home and be digging themselves out working for $2.50 an hour.
I don't agree with minimum wage. But there are other barriers to full employment, too.