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blindman28

06/27/21 9:26 PM

#88365 RE: wadegarret #88362

Wage Inflation is already here.. at least in the Restaurant Industry. in 2019 starting Hourly was $11 for most Fast Food places. Now it is $14. I'm in NJ
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bbotcs

06/28/21 10:35 AM

#88380 RE: wadegarret #88362

wadegarret: Raising the minimum wage, which has been going on for several years, is very inflationary. People making a few dollars more than the new minimum wage will want a salary increase, too.

Cutting off the unemployment-benefit spigot should slow down wage inflation on the low end.