Minimum wage rate and labors’ market prices.

[danielpalos]

What part of, at the will of either party, makes no sense?

DanielPalos, within everyone of USA’s 50 states, state laws and regulations under the auspices of federal law, govern their states unemployment insurance regulations.
It’s the states, not the federal government’s money that primarily fund any shortfall of their unemployment insurance funding.

Within 50 states,, quitting your job because an employee is dissatified, is not sufficient, for unemployment eligibility; (An employee can refuse to work under conditions or restrictions which are contrary to federal or states’ laws and regulations). “At will resignation” of employment doesn't qualify for any USA state’s unemployment insurance benefits.
Respectfully, Supposn

The whole Point is about equality and Equal protection of the laws in our at-will employment States.

 

[danielpalos]

What part of, at the will of either party, makes no sense?

DanielPalos, within everyone of USA’s 50 states, state laws and regulations under the auspices of federal law, govern their states unemployment insurance regulations.
It’s the states, not the federal government’s money that primarily fund any shortfall of their unemployment insurance funding.

Within 50 states,, quitting your job because an employee is dissatified, is not sufficient, for unemployment eligibility; (An employee can refuse to work under conditions or restrictions which are contrary to federal or states’ laws and regulations). “At will resignation” of employment doesn't qualify for any USA state’s unemployment insurance benefits.
Respectfully, Supposn

Good old Dan wants to get paid for quitting (or never even holding) a job.

His ideas are even more unrealistic than your ideas.

Equality and equal protection of the laws means nothing to the right wing.

 

[Supposn]

You're manufacturing data not provided by the CBO.

ToddsterPatriot, what portion of the following statement do you believe is not supported by the Congressional Budget Office’s reports regarding the federal minimum wage rate? Respectfully, Supposn

ToddsterPatriot, minimum wage rate’s benefits to jobs’ rates are inversely related to the differences between the minimum and the jobs’ rates. Families with greater portions of their incomes derived from rates within the low-rate bracket of wage rates, more benefit from the minimum wage rate. The minimum wage rate does not reduce incomes derived from wages. ...

 

[Toddsterpatriot]

You're manufacturing data not provided by the CBO.

ToddsterPatriot, what portion of the following statement do you believe is not supported by the Congressional Budget Office’s reports regarding the federal minimum wage rate? Respectfully, Supposn

ToddsterPatriot, minimum wage rate’s benefits to jobs’ rates are inversely related to the differences between the minimum and the jobs’ rates. Families with greater portions of their incomes derived from rates within the low-rate bracket of wage rates, more benefit from the minimum wage rate. The minimum wage rate does not reduce incomes derived from wages. ...

what portion of the following statement do you believe is not supported by the Congressional Budget Office’s reports

This part......"the minimum wage substantially effects 32% of USA's employees' rates"

 

[Wyatt earp]

You're manufacturing data not provided by the CBO.

ToddsterPatriot, what portion of the following statement do you believe is not supported by the Congressional Budget Office’s reports regarding the federal minimum wage rate? Respectfully, Supposn

ToddsterPatriot, minimum wage rate’s benefits to jobs’ rates are inversely related to the differences between the minimum and the jobs’ rates. Families with greater portions of their incomes derived from rates within the low-rate bracket of wage rates, more benefit from the minimum wage rate. The minimum wage rate does not reduce incomes derived from wages. ...

Just a question where do I apply for these high minimum wage jobs and I get them on the spot

Sincerely,

William S. Kurps

 

[Wyatt earp]

You're manufacturing data not provided by the CBO.

ToddsterPatriot, what portion of the following statement do you believe is not supported by the Congressional Budget Office’s reports regarding the federal minimum wage rate? Respectfully, Supposn

ToddsterPatriot, minimum wage rate’s benefits to jobs’ rates are inversely related to the differences between the minimum and the jobs’ rates. Families with greater portions of their incomes derived from rates within the low-rate bracket of wage rates, more benefit from the minimum wage rate. The minimum wage rate does not reduce incomes derived from wages. ...

Just a question where do I apply for these high minimum wage jobs and I get them on the spot

Sincerely,

William S. Kurps

And I need a apartment, a minimum wage job doesn't cover it..
@$20 an hour..

 

[Supposn]

what portion of the following statement do you believe is not supported by the Congressional Budget Office’s reports

This part......"the minimum wage substantially effects 32% of USA's employees' rates"

ToddsterPatriot, refer to the report:
https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf ,
page 17, Figure 6, graph entitled “Shares of Workers, by Family Income Group, 2025”.

2025 projected wage earners within families’ incomes less than twice their family’s sizes’ poverty threshold, account for approximately 36% of all USA’s low-wage rate workers and 15% of all USA’s wage earners.
2025 projected wage earners within families’ incomes less than three times their family’s sizes’ poverty threshold, account for approximately 58% of all USA’s low-wage rate workers and approximately 38% of all USA’s wage earners.

CBO’s reports graphs, charts, and underlying statistics they offer to support their report’s contents, do not contradict, but rather support the statements: “ Minimum wage rate’s benefits to jobs’ rates are inversely related to the differences between the minimum and the jobs’ rates. Families with greater portions of their incomes derived from rates within the low-rate bracket of wage rates, more benefit from the minimum wage rate. The minimum wage rate does not reduce incomes derived from wages”.
Respectfully, Supposn

 

[Supposn]

Just a question where do I apply for these high minimum wage jobs and I get them on the spot
Sincerely, William S. Kurps

are there existing “high minimum wage jobs” I’m unaware of? Respectfully, Supposn

 

[Toddsterpatriot]

what portion of the following statement do you believe is not supported by the Congressional Budget Office’s reports

This part......"the minimum wage substantially effects 32% of USA's employees' rates"

ToddsterPatriot, refer to the report:
https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf ,
page 17, Figure 6, graph entitled “Shares of Workers, by Family Income Group, 2025”.

2025 projected wage earners within families’ incomes less than twice their family’s sizes’ poverty threshold, account for approximately 36% of all USA’s low-wage rate workers and 15% of all USA’s wage earners.
2025 projected wage earners within families’ incomes less than three times their family’s sizes’ poverty threshold, account for approximately 58% of all USA’s low-wage rate workers and approximately 38% of all USA’s wage earners.

CBO’s reports graphs, charts, and underlying statistics they offer to support their report’s contents, do not contradict, but rather support the statements: “ Minimum wage rate’s benefits to jobs’ rates are inversely related to the differences between the minimum and the jobs’ rates. Families with greater portions of their incomes derived from rates within the low-rate bracket of wage rates, more benefit from the minimum wage rate. The minimum wage rate does not reduce incomes derived from wages”.
Respectfully, Supposn

page 17, Figure 6, graph entitled “Shares of Workers, by Family Income Group, 2025”.

2025 projected wage earners within families’ incomes less than twice their family’s sizes’ poverty threshold, account for approximately 36% of all USA’s low-wage rate workers and 15% of all USA’s wage earners.
2025 projected wage earners within families’ incomes less than three times their family’s sizes’ poverty threshold, account for approximately 58% of all USA’s low-wage rate workers and approximately 38% of all USA’s wage earners.


Absolutely. It's as clear as day.

But still no backup for your claim,
"the minimum wage substantially effects 32% of USA's employees' rates"

 

[danielpalos]

You're manufacturing data not provided by the CBO.

ToddsterPatriot, what portion of the following statement do you believe is not supported by the Congressional Budget Office’s reports regarding the federal minimum wage rate? Respectfully, Supposn

ToddsterPatriot, minimum wage rate’s benefits to jobs’ rates are inversely related to the differences between the minimum and the jobs’ rates. Families with greater portions of their incomes derived from rates within the low-rate bracket of wage rates, more benefit from the minimum wage rate. The minimum wage rate does not reduce incomes derived from wages. ...

what portion of the following statement do you believe is not supported by the Congressional Budget Office’s reports

This part......"the minimum wage substantially effects 32% of USA's employees' rates"

It should also affect anyone's wages who make less than or approximately equal to the new minimum wage rate. Anyone complaining that the minimum wage is meets or beats their current wage should be affected. Statutory minimum wages also act as an Institutional upward pressure on wages. And, Labor must be able to afford our first world economy.

 

[danielpalos]

You're manufacturing data not provided by the CBO.

ToddsterPatriot, what portion of the following statement do you believe is not supported by the Congressional Budget Office’s reports regarding the federal minimum wage rate? Respectfully, Supposn

ToddsterPatriot, minimum wage rate’s benefits to jobs’ rates are inversely related to the differences between the minimum and the jobs’ rates. Families with greater portions of their incomes derived from rates within the low-rate bracket of wage rates, more benefit from the minimum wage rate. The minimum wage rate does not reduce incomes derived from wages. ...

Just a question where do I apply for these high minimum wage jobs and I get them on the spot

Sincerely,

William S. Kurps

lol. In Right to Work States?

 

[danielpalos]

You're manufacturing data not provided by the CBO.

ToddsterPatriot, what portion of the following statement do you believe is not supported by the Congressional Budget Office’s reports regarding the federal minimum wage rate? Respectfully, Supposn

ToddsterPatriot, minimum wage rate’s benefits to jobs’ rates are inversely related to the differences between the minimum and the jobs’ rates. Families with greater portions of their incomes derived from rates within the low-rate bracket of wage rates, more benefit from the minimum wage rate. The minimum wage rate does not reduce incomes derived from wages. ...

Just a question where do I apply for these high minimum wage jobs and I get them on the spot

Sincerely,

William S. Kurps

And I need a apartment, a minimum wage job doesn't cover it..
@$20 an hour..

If the minimum wage had kept up with productivity (and beat inflation) it would be around eighteen dollars an hour.

 

[Mr Natural]

“Prosperity Through Lower Wages!”

 

[danielpalos]

“Prosperity Through Lower Wages!”

lol. In Right Wing fantasy statutory minimum wage laws should be abolished, just like in the good old days.

 

[Toddsterpatriot]

If the minimum wage had kept up with productivity

If the lowest wage/lowest skilled workers could keep up with the productivity
of the nation, they wouldn't need a government mandated wage.
They'd be productive, in demand employees.
They wouldn't be sitting in their mom's basement whining about not getting unemployment
compensation while whining they deserve it for never working.

 

[danielpalos]

If the minimum wage had kept up with productivity

If the lowest wage/lowest skilled workers could keep up with the productivity
of the nation, they wouldn't need a government mandated wage.
They'd be productive, in demand employees.
They wouldn't be sitting in their mom's basement whining about not getting unemployment
compensation while whining they deserve it for never working.

In right wing fantasy, you are Always right. It merely seems like you are full of fallacy when arguing.

Most Americans believe that a rising tide should lift all boats—that as the economy expands, everybody should reap the rewards. And for two-and-a-half decades beginning in the late 1940s, this was how our economy worked. Over this period, the pay (wages and benefits) of typical workers rose in tandem with productivity (how much workers produce per hour). In other words, as the economy became more efficient and expanded, everyday Americans benefited correspondingly through better pay. But in the 1970s, this started to change.

From 1979 to 2018, net productivity rose 69.6 percent, while the hourly pay of typical workers essentially stagnated—increasing only 11.6 percent over 39 years (after adjusting for inflation). This means that although Americans are working more productively than ever, the fruits of their labors have primarily accrued to those at the top and to corporate profits, especially in recent years.--https://www.epi.org/productivity-pay-gap/

 

[Toddsterpatriot]

From 1979 to 2018, net productivity rose 69.6 percent,

How much more productive are unskilled workers compared to 40 years ago?

 

[danielpalos]

From 1979 to 2018, net productivity rose 69.6 percent,

How much more productive are unskilled workers compared to 40 years ago?

The "valuation of that productivity".

 

[Toddsterpatriot]

From 1979 to 2018, net productivity rose 69.6 percent,

How much more productive are unskilled workers compared to 40 years ago?

The "valuation of that productivity".

$7.25

 

[danielpalos]

From 1979 to 2018, net productivity rose 69.6 percent,

How much more productive are unskilled workers compared to 40 years ago?

The "valuation of that productivity".

$7.25

Because that is the Statutory minimum wage or because of productivity? Right wingers want no minimum wage laws at all, just like in the good old days.