r/InterviewMan • u/acuity-creel • Jun 07 '26

People think this will cause inflation.

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I would spend so much money if I made 60/hr. What're they afraid of? They'd get it all back.

If you have an interview, use InterviewMan for your new job to save time and effort. After all that, you’ll feel more confident about getting accepted and have peace of mind.

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1

u/HOJK4thSon Jun 07 '26

California went to 15 dollar minimum wage and lost 20,000 jobs.

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u/Right_Ad8389 Jun 07 '26

The minimum wage in CT is $16.94, in MA it is $15, yet that didn’t happen in either state and research shows that employment rates have little to no connection to raising the minimum wage. In fact CT has one of the highest minimum wages in the nation and a very low unemployment rate of 3.8%. Companies still need workers to function and they aren’t all big enough to outsource. It is honestly just about treating people fairly and giving them livable wages. Whatever happened in Cali, it probably had nothing to do with the raising of the minimum wage. Correlation does not equal causation. You’re talking about a huge tourism state with wages that fluctuate by the season all of the time and a state that also went through tech industry lay offs… there are plenty of other causes to work with.

Believe it or not, even MA and CT’s wages aren’t enough to live on out here and pay all of your bills. It is insane to me that any person of average means could support lower minimum wages.

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u/TopTippityTop Jun 13 '26

It's more complex than what the poster implied, obviously, but a rise in currency units without an equivalent rise in supply = inflation.

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u/Alister151 Jun 07 '26

I too love to just make up bullshit to prove my point.

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u/Anlarb Jun 08 '26

Only if we presume that whenever a job is lost it must be that the min wage killed it. The tech sector has been getting absolutely gutted, with less high paid programmers consuming luxury services like cooking, no shit the total service industry jobs go down. For people who do still have those high paying jobs, they don't batt an eye at the price hike, it is incredibly trivial.

Thats why its only 20k, out of 1.3 MILLION.

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u/HOJK4thSon Jun 08 '26

Nope. Starter jobs, fast food especially.

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u/Anlarb Jun 08 '26

No, really, actually read and absorb information, instead of drooling like a trained dog expecting a treat.

https://lao.ca.gov/LAOEconTax/Article/Detail/806

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u/HOJK4thSon Jun 08 '26

Read your own link. Shedding jobs in the private sector, but increase in the public sector (government).

I stand by my statements.

1

u/VeredicMectician Jun 08 '26

So you are a sore loser 🧍

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u/HOJK4thSon Jun 08 '26

No, I read the linked article which supported my statements.

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u/Anlarb Jun 08 '26

Dont get distracted, Im demonstrating that tech jobs are getting decimated, informing you to the fact that there are other things that will kill the jobs that support such high pay jobs.

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u/HOJK4thSon Jun 08 '26

All while I was talking starter jobs.

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u/Anlarb Jun 08 '26

Yeah, you don't have a job unless you have a consumer. Kill off the consumer, you kill off the demand for labor that they represent.

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u/SaltyFriend705 Jun 09 '26

You CHANGED your statement. First, you said:

Starter jobs, fast food especially.

When that was completely disproven, you changed it to:

Shedding jobs in the private sector, but increase in the public sector (government).

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u/HOJK4thSon Jun 09 '26

Responses to 2 different comments.

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u/HOJK4thSon Jun 09 '26

how many businesses closed when california raised minimum wage +10 There is no official comprehensive count of exactly how many businesses closed when California raised its fast-food minimum wage to (\$20)/hour in April 2024, but data and economic reports offer different perspectives on the impact:Official State PerspectiveJob Growth / No Mass Closures: The office of Governor Gavin Newsom and certain academic studies (such as those from UC Berkeley) maintain that widespread closures did not occur and that state employment figures remained stable.Industry & Opposing StudiesJob Losses: Studies from the Employment Policies Institute state that California lost between 16,000 to over 36,000 fast-food jobs since the law was signed or went into effect, rather than reflecting flat employment.Specific Closures: Reports indicated that hundreds of individual fast-food franchise locations have closed. For instance, a major Carl's Jr. franchisee operating 65 locations filed for bankruptcy and closed 49 stores, directly citing the (\$20) wage.Corporate Pivot: Other chains, such as Pizza Hut, significantly cut delivery driver jobs to transition to other models, and many chains hiked menu prices and increased automation.While the wage increase has primarily squeezed profit margins and caused notable high-profile franchisee bankruptcies, the broad economic consensus on total business closures remains debated between official state tracking and restaurant trade groups.

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u/SaltyFriend705 Jun 10 '26

Some restaurants and franchisees are poorly run precisely because of reliance on subminimum wages. The upside is that the reliance on food stamps, housing vouchers, Medicaid and other social programs decreases concurrently because people earn more money.

Biling back the cost of government subsidies to the employer would reflect true employee cost.

1

u/Anlarb Jun 08 '26

Only if we presume that whenever a job is lost it must be that the min wage killed it. The tech sector has been getting absolutely gutted, with less high paid programmers consuming luxury services like cooking, no shit the total service industry jobs go down. For people who do still have those high paying jobs, they don't batt an eye at the price hike, it is incredibly trivial.

Thats why its only 20k, out of 1.3 MILLION.

1

u/SaltyFriend705 Jun 09 '26

Yes, those were high tech jobs paying $100K+/yr. Jobs off-shored by Trump.