Quote:
Originally Posted by Elephant Walk
I don't know....tell me what the unemployment rate is again?
So you're saying that there is absolutely no one looking for a job at the entry-level...
You're looking at it from a minimum wage prospective. Look at our unemployment rates. It's clear that something IS stopping someone with "no experience" to gain an entry-level job. What do you think that something is?
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Isn't minimum wage the topic being discussed?
And when did I say that people aren't looking for entry level jobs?
I'm reading your argument as "if companies can't hire you for pennies, they won't hire you at all." This doesn't makes sense, since minimum wage existed pre-recession when our unemployment rate was much lower.
ETA: I think the thing that's stopping people from getting job is the influx of job seekers. People who are used to making well above minimum wage are scrambling trying to get minimum wage jobs, but the applicant pools have swelled. This is not an effect of minimum wage in and of itself.
If companies
could pay, say, $3/hour to applicants, that doesn't mean that they'd hire more people. That just means they'd be getting cheap labor. That wouldn't have a massive effect on unemployment.