1141: #TheScalaReport: How will the $15 per hour minimum wage shape the future of retail? Chris Riegel: @ScalaInc @STRATACACHE
Photo: No known restrictions on publication.1920. Interiør, Gaupen Handelslag, landhandleri, butikk, Ringsaker, 1918-20. http://JohnBatchelorShow.com/contact http://JohnBatchelorShow.com/schedules Parler & Twitter: @BatchelorShow #TheScalaReport (https://twitter.com/search?q=%23TheScalaReport) : How will the $15 per hour minimum wage shape the future of retail? Chris Riegel: @ScalaInc (https://twitter.com/ScalaInc/) @STRATACACHE (https://twitter.com/STRATACACHE/) https://www.wsj.com/articles/15-minimum-wage-would-cost-1-4-million-workers-jobs-lift-900-000-from-poverty-cbo-study-finds-11612800875?page=1 https://www.wsj.com/articles/reality-check-for-a-15-minimum-wage-11612827957?page=1 This would mean imposing the urban labor costs of San Francisco and Manhattan on every out-of-the-way gas station in rural America. The U.S. economy is made up of local and regional labor markets with prevailing wage rates that depend on varying standards of living, the kinds of employers, and the availability and skill of the workforce. Some 20 states have a minimum wage no higher than the current national minimum of $7.25.