Average hourly rate of an American is $24.06 or $50,044 per year.

[healthmyths]

These are the FACTS folks. Not suppositions. Not anecdotal stories but realities
According to the Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector seasonally adjusted

government Bureau of Labor Statistics see below.
Depending on the industry the hourly rate can be as high as $35.37 hour or $73,569 per year.

Now according to the same Bureau of Labor statistics:
Minimum wage workers tend to be young.
Although workers under age 25 represented only about one-fifth of hourly paid workers,
they made up about half of those paid the Federal minimum wage or less.

Among employed teenagers paid by the hour, about 21 percent earned the minimum wage or less, compared with about 3 percent of workers age 25 and over.

Between age 16 to 24 years,1,797,000 at or below minimum wage..
Tables 1 - 10 Characteristics of Minimum Wage Workers 2012

Would someone please tell me where these 1.6 million young people will work when minimum wage is raised by 39% and it becomes cheaper to let them go?

 

[healthmyths]

Explain to me folks how putting 1 million plus people under 25 out of work is good?

 

[NYcarbineer]

Explain to me folks how putting 1 million plus people under 25 out of work is good?

You really think that thousands of businesses are going to close up just over an increase in the minimum wage?

 

[healthmyths]

Explain to me folks how putting 1 million plus people under 25 out of work is good?

You really think that thousands of businesses are going to close up just over an increase in the minimum wage?

Where in anything I wrote did I suggest businesses would close?
NOW do you understand why it is hard to comprehend how people like you think when you can't even read clearly.
I said people under 25 would be put out of work because it becomes CHEAPER to replace janitors with robots.
It will be cheaper to put in order kiosks for customers to order and thereby let the counter people working at minimum wage go.
No far from putting them out of business you've made it easier for businesses to let people go.
See your problem is you have NO IDEA what it costs to run a fast food place.
See this chart and explain how to counter a 39% increase in crew payroll.
Do you understand that increasing this average store's crew payroll by 39% creates a LOSS of $58,375 in the below?
Increase by 39% $540,000 to $752,275 means a LOSS.
Do you understand then rather then incur a loss, the store will lower the NUMBER of crew workers to keep crew payroll at $540,000.

 

[rightwinger]

Averages are funny things

Especially when you average an executive making $20 mil with a minimum wage

 

[Moonglow]

The stats sound nice, but in reality most construction workers in my area earn 10-15 an hour...

 

[zeke]

Averages are funny things

Especially when you average an executive making $20 mil with a minimum wage

Is that true healthmyths? These hourly wage employees had their wages lumped in with the executives making millions a year? And you think that number represents the "average" worker eh?

 

[HereWeGoAgain]

Explain to me folks how putting 1 million plus people under 25 out of work is good?

You really think that thousands of businesses are going to close up just over an increase in the minimum wage?

So how many will get shit canned so the company can stay in business?

 

[healthmyths]

Averages are funny things

Especially when you average an executive making $20 mil with a minimum wage

FACTS!! Where did you get such an EXAGGERATED figure you dummy!
Prove that number as Here is the proof counter to that!!!
NOW for the FACTS!

And 2013 was a good year for most, according to ISS Corporate Services, a Rockville, Md.-based compensation research and data provider. Chicago-area CEOs made more money and got bigger raises than their counterparts across the country.
Median pay at the 78 local companies in ISS' survey was $5.2 million, 48 percent above the national median.
The local median rose nearly 20 percent, twice the national increase.

• CEO pay disparities are stark when isolating for companies that received less than 70 percent on 2011 “say on pay” resolutions compared with those that saw support in excess of 95 percent.
• For example, average CEO bonuses for large capital, S&P 500 firms with low MSOP support stood at $3 million, compared with $1.1 million at higher supported peers.
• The value of “all-other-pay,” including perks and exit compensation, for CEOs at S&P 500 companies with low MSOP support was 138 percent greater than that for high support peers, while that for option grant values was 127 percent greater.
• By industry, poorly supported Energy sector firms saw bonuses that were 664 percent that of their highly supported peers, and stock grants valued 338 percent greater.

Parsing The Vote CEO Pay Characteristics Relative to Shareholder Dissent ISS Corporate Solutions

You are so full of exaggeration! AVERAGE $20 million???? how gross...
WHERE is YOUR source for saying average executive pay is $20 million a year?
FACTS FACTS FACTS!
BUT be that as it may........... THERE WILL be job loss of kids because they are NOT valuable as janitors as robots will replace.
What ever your gross exaggeration is this doesn't change the realities!

 

[kiwiman127]

If a person looks at the historical unemployment rate, when the minimum wage has been increased, there has never been a spike in the unemployment rate.

 

[Mr Natural]

Why do conservatards hate to see working people getting ahead?

 

[Delta4Embassy]

These are the FACTS folks. Not suppositions. Not anecdotal stories but realities
According to the Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector seasonally adjusted

government Bureau of Labor Statistics see below.
Depending on the industry the hourly rate can be as high as $35.37 hour or $73,569 per year.



View attachment 32687

Now according to the same Bureau of Labor statistics:
Minimum wage workers tend to be young.
Although workers under age 25 represented only about one-fifth of hourly paid workers,
they made up about half of those paid the Federal minimum wage or less.

Among employed teenagers paid by the hour, about 21 percent earned the minimum wage or less, compared with about 3 percent of workers age 25 and over.

Between age 16 to 24 years,1,797,000 at or below minimum wage..
Tables 1 - 10 Characteristics of Minimum Wage Workers 2012

Would someone please tell me where these 1.6 million young people will work when minimum wage is raised by 39% and it becomes cheaper to let them go?

1.6 million pissed-off young people, ya, there's a nice image.

 

[healthmyths]

Averages are funny things

Especially when you average an executive making $20 mil with a minimum wage

Is that true healthmyths? These hourly wage employees had their wages lumped in with the executives making millions a year? And you think that number represents the "average" worker eh?

NO it is NOT true!
Read the facts from the government. Less then 1.8 million age 16 to 24 make minimum wage.
READ the facts! Average fast food place WILL replace the low skilled with robots or customer self service. That's their immediate solution.

 

[Moonglow]

Averages are funny things

Especially when you average an executive making $20 mil with a minimum wage

Is that true healthmyths? These hourly wage employees had their wages lumped in with the executives making millions a year? And you think that number represents the "average" worker eh?

NO it is NOT true!
Read the facts from the government. Less then 1.8 million age 16 to 24 make minimum wage.
READ the facts! Average fast food place WILL replace the low skilled with robots or customer self service. That's their immediate solution.

They plan on doing it no matter what, so what are you getting at, besides hating a higher min wage?

 

[healthmyths]

If a person looks at the historical unemployment rate, when the minimum wage has been increased, there has never been a spike in the unemployment rate.

Prove that statement please!
Plus.. most of the minimum wage increases HAVE been very small increments NOT a 39% Increase which is so totally destructive of jobs.
PLUS... your comment is based on the past BEFORE Robots and customer self service. This is the game changer that WILL put more of the 16 to 25 out of work which today averages
16 to 19 years unemployment rate:
2013 2014
Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept.
21.3 22.0 20.8 20.2 20.7 21.4 20.9 19.1 19.2 21.0 20.2 19.6 20.0
A-10. Unemployment rates by age sex and marital status seasonally adjusted

FACTS please FACTS!!! Support your comments as I do with sources not made up suppositions!

 

[healthmyths]

Why do conservatards hate to see working people getting ahead?

And why do people like you EXAGGERATE? You have NO idea what you said.
How many people have you put to work today?
Zero!
How many people have you contributed to becoming unemployed? Millions! Yup idiots like you with your totally unsupported exaggerations continue to
make any progress possible when ALL YOU want to do is TEAR DOWN... not create!
Where will RAISING the minimum wage nearly 40% INCREASE employment??? At least I want to see people STAY employed!
I KNOW what I'm writing about ... but you ??? Just raw gross unsupported stupid ass comments!
I want to keep as many people working but you... want more people on the government dole!

 

[Luddly Neddite]

No wonder the middle class is dying.

 

[kiwiman127]

If a person looks at the historical unemployment rate, when the minimum wage has been increased, there has never been a spike in the unemployment rate.

Prove that statement please!
Plus.. most of the minimum wage increases HAVE been very small increments NOT a 39% Increase which is so totally destructive of jobs.
PLUS... your comment is based on the past BEFORE Robots and customer self service. This is the game changer that WILL put more of the 16 to 25 out of work which today averages
16 to 19 years unemployment rate:
2013 2014
Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept.
21.3 22.0 20.8 20.2 20.7 21.4 20.9 19.1 19.2 21.0 20.2 19.6 20.0
A-10. Unemployment rates by age sex and marital status seasonally adjusted

FACTS please FACTS!!! Support your comments as I do with sources not made up suppositions!

Here you go.
US Unemployment Rate by Month
U.S. Department of Labor - Wage and Hour Division WHD - Minimum Wage

Plus here's a report by the CBO: http://www.cbo.gov/sites/default/files/cbofiles/attachments/44995-MinimumWage.pdf

 

[Piss Bucket]

These are the FACTS folks. Not suppositions. Not anecdotal stories but realities
According to the Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector seasonally adjusted

government Bureau of Labor Statistics see below.
Depending on the industry the hourly rate can be as high as $35.37 hour or $73,569 per year.



View attachment 32687

Now according to the same Bureau of Labor statistics:
Minimum wage workers tend to be young.
Although workers under age 25 represented only about one-fifth of hourly paid workers,
they made up about half of those paid the Federal minimum wage or less.

Among employed teenagers paid by the hour, about 21 percent earned the minimum wage or less, compared with about 3 percent of workers age 25 and over.

Between age 16 to 24 years,1,797,000 at or below minimum wage..
Tables 1 - 10 Characteristics of Minimum Wage Workers 2012

Would someone please tell me where these 1.6 million young people will work when minimum wage is raised by 39% and it becomes cheaper to let them go?

1.6 million pissed-off young people, ya, there's a nice image.

Hey Delta! Looking good guy!

 

[Piss Bucket]

Averages are funny things

Especially when you average an executive making $20 mil with a minimum wage

Is that true healthmyths? These hourly wage employees had their wages lumped in with the executives making millions a year? And you think that number represents the "average" worker eh?

Uh, yeah, is this true? If you are taking the very top earners, that statistically have disproportionately high earnings (which is not to say that they do not deserve them), then the results of the survey will be skewed and the inferences you draw from your FACTS will be compromised to some degree.