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The $15.50 guy would have some people lined up. It'd be appealing for people who needed a job short term, quickly, and wanted the decreased competition for it.
Not a bunch of people would be lined up there, but it wouldn't be no one.
Depends on the job. We have labor positions that pay $18, but demand a little bit of physical labor. It's hard to fill those positions.
10 years ago, people would line up for that job for less than $10/hr and the work was much, much harder. Something has definitely changed
When I started with the company in 09, people were coming in during outages and trying to outperform each other so they'd be hired on full-time. But the economy was ass back then and it was hard to find a full-time job at my age
Expenses have changed.
My apartment I paid $700/month for in 2011 is now over $2000/month.
When ex to expenses outpace wages more than 2:1, eventually it catches up and people can't afford to live where the work is.
Makes sense. Same in my area. I wonder if this isn't all going to blow up and cause another recession soon. Seems like this shit can't be like this for long.