this post was submitted on 21 Jan 2024
1564 points (98.5% liked)

Work Reform

10021 readers
213 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
 

A future-of-work expert said Gen Zers didn't have the "promise of stability" at work, so they're putting their personal lives and well-being first.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] SuddenDownpour@sh.itjust.works 4 points 10 months ago (1 children)

That early minimum wage growth is huge. 2,5x during 1960-70, then 2x 10 years later. Imagine minimum wage being $30 by 2030, then $60 by 2040.

[โ€“] DerisionConsulting@lemmy.ca 4 points 10 months ago* (last edited 10 months ago)

If we wanted things to keep pace with the house price to wage ratio of 1980(for people born in 1960), Minimum wage should've been $17.66 in 2020.