A 124 Hour Work Week???

Discussion in 'Economy' started by jillian, Apr 14, 2008.

  1. jillian
    Offline

    jillian Princess Supporting Member

    Joined:
    Apr 4, 2006
    Messages:
    69,560
    Thanks Received:
    13,013
    Trophy Points:
    2,220
    Location:
    The Other Side of Paradise
    Ratings:
    +22,439
    That's what it would take for a NJ resident making minimum wage to afford the average two-bedroom rental in that State

    (More)

    http://www.nj.com/news/index.ssf/2008/04/n_j_rental_housing_remains_ver.html
     
  2. hjmick
    Online

    hjmick Gold Member

    Joined:
    Mar 28, 2007
    Messages:
    16,184
    Thanks Received:
    4,680
    Trophy Points:
    270
    Location:
    Charleston, SC
    Ratings:
    +7,128
    Since when did people start expecting minimum wage to cover all things? It used to be that minimum wage jobs were stepping stones to bigger and better jobs. They were jobs teenagers took while in high school and living at home or they were jobs filled by college students looking for extra beer money.

    When did the shift occur? When did people start expecting minimum wage would buy them a house or rent them a condo?
     
    • Thank You! Thank You! x 1
  3. Shogun
    Offline

    Shogun Free: Mudholes Stomped

    Joined:
    Jan 8, 2007
    Messages:
    30,495
    Thanks Received:
    2,224
    Trophy Points:
    1,043
    Ratings:
    +2,260
    maaaybe when they started seeing those solid job opportunities shipped to india and replaced with low end service jobs...


    not to be contentious but these are the types of jobs that were paraded around during the last 3 years as evidence of a stable economy despite where we all knew we were heading, yes?
     
  4. hjmick
    Online

    hjmick Gold Member

    Joined:
    Mar 28, 2007
    Messages:
    16,184
    Thanks Received:
    4,680
    Trophy Points:
    270
    Location:
    Charleston, SC
    Ratings:
    +7,128
    This makes sense, having been with the same job for 25 years, I guess the exporting of jobs hasn't really been on my radar. Which isn't to say that I was ignorant of what was happening, I guess I just hadn't given it too much thought.


    Again, I would have to say that you are more than likely correct. The only thing I know for sure is that my personal economy has been and continues to be stable.
     
  5. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    You're still correct in how minimum wage is used. Entry level, though around here even 16 year olds at McD's are starting at $7.65 an hour. My daughter works part time at Yankee Candle, she's making $11.50 in a college town.

    Anyone making minimum wage should not be renting a two bedroom home.
     
  6. Warner
    Offline

    Warner Member

    Joined:
    Aug 24, 2007
    Messages:
    138
    Thanks Received:
    16
    Trophy Points:
    16
    Ratings:
    +16
    One thing our government (at the Federal level) really needs to do is to shut down the "less than full time" benefits loophole. This is how big companies (i.e. Wal-Mart) get around paying benefits to their employees.
     
  7. Warner
    Offline

    Warner Member

    Joined:
    Aug 24, 2007
    Messages:
    138
    Thanks Received:
    16
    Trophy Points:
    16
    Ratings:
    +16
    Umm.. I think that figure refers to renting a 2 bedroom apartment, not a house.

    So now I guess you're next statement will be "anyone making minimum wage should not have children"?
     
  8. hjmick
    Online

    hjmick Gold Member

    Joined:
    Mar 28, 2007
    Messages:
    16,184
    Thanks Received:
    4,680
    Trophy Points:
    270
    Location:
    Charleston, SC
    Ratings:
    +7,128
    I wouldn't say they shouldn't, but I would advise them to seriously think twice.
     
  9. jillian
    Offline

    jillian Princess Supporting Member

    Joined:
    Apr 4, 2006
    Messages:
    69,560
    Thanks Received:
    13,013
    Trophy Points:
    2,220
    Location:
    The Other Side of Paradise
    Ratings:
    +22,439
    And if they drop out of the work force or school to have children, then hubby runs off and they have to get the only job they can do, which is probably a minimum wage job, should they then give up the kids?
     
  10. hjmick
    Online

    hjmick Gold Member

    Joined:
    Mar 28, 2007
    Messages:
    16,184
    Thanks Received:
    4,680
    Trophy Points:
    270
    Location:
    Charleston, SC
    Ratings:
    +7,128
    I don't know. I suppose that, if they want what is best for both the child and themselves, yes, they should. Speaking from my experience, it's tough enough to raise kids when you have a good paying job, I can't imagine trying to do it while earning minimum wage. In the end, I can only make decisions for me and mine. What other people do is up to them.
     

Share This Page