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Marketwatch brings good news for the USA: American workers are finally reaping the benefits of the lowest unemployment rate and best jobs market in decades: Wages and benefits are rising at the fastest pace in a decade. Firms have sought to fill openings by offering better benefits such as more vacation time or flexible hours. When push comes to shove, they are offering higher pay. While bigger paychecks are great for workers, the US Federal Reserve is watching closely to see if rising compensation is stoking inflation. The Federal Reserve could increase U.S. interest rates if it becomes a big worry, but so far inflation remains relatively mild.
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Wages and Benefits are Rising at the Fastest Pace in a Decade
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HELP! Man trapped in a human body!
(Score: 3, Interesting) by MichaelDavidCrawford on Monday August 06 2018, @05:23PM (5 children)
One way McD could stop sucking off the government tit would be to pay its employees a living wage.
Yes I Have No Bananas. [gofundme.com]
(Score: 2, Insightful) by Anonymous Coward on Monday August 06 2018, @06:25PM (4 children)
Instead of blaming McDonald's for properly running a business, you could blame the people handing out the welfare, corporate or otherwise.
Perhaps McDonald's will have to pay your supposed "living wage" if the employees can't get welfare of any sort.
Better yet, these sorts of high school jobs could once again go to actual high school students.
(Score: 3, Insightful) by MichaelDavidCrawford on Monday August 06 2018, @06:37PM (1 child)
the reason high school students can't get jobs at Mickey D's is because all the formerly-retired people snapped them up when the subprime meltdown also melted down their 401ks.
Yes I Have No Bananas. [gofundme.com]
(Score: 1) by EEMac on Wednesday August 08 2018, @03:11PM
Whenever a McDonald's in my area is hiring, the sign says "now hiring responsible adults". It doesn't sound like they want teenagers any more.
(Score: 2) by bob_super on Monday August 06 2018, @06:41PM (1 child)
> properly running a business
Maximizing profits by relying on the government to keep the employees solvent with poverty relief programs, then getting you to blame the government for allowing this situation by having poverty programs. Dystopia, expert level.
I believe even Slave Plantations were more invested in their workers' well-being than modern low-wage employers.
(Score: 1, Insightful) by Anonymous Coward on Monday August 06 2018, @06:59PM
Of course slave owners cared about keeping the slaves healthy. Slaves cost big money. Part-time at minimum wage with no benefits doesn't cost much and is very easily replaced because there are millions of people without decent jobs.