Will increasing the minimum wage help or harm workers and businesses? How many U.S. workers are paid at or below the minimum wage? Photo by Aleks Dorohovich In this episode you’ll learn: What is the history of the U.S. minimum wage.How many people in the U.S. work for the minimum wage or less.How does raising the minimum wage impact employment and businesses.Why businesses need to do more to help their workers. Show Notes Fair Labor Standards Act of 1938: Maximum … [Read more...]
184: Massive Job Losses Are Inevitable, But There Will Still Be Work
Why technology eliminates jobs but doesn't increase the level of unemployment even though for more than 50 years that has been the worry. Photo by Christopher Burns In this episode you’ll learn: How fear of technology destroying jobs has been around for decades. What is the relationship between GDP growth, employment and productivity. How more and more jobs are involved in services dealing with complexity. What types of jobs are less likely to be replaced Show … [Read more...]
