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submitted 1 year ago by olivebranch@lemmy.ca to c/memes@lemmy.ml
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[-] rynzcycle@kbin.social 7 points 1 year ago* (last edited 1 year ago)

These folks seem to have a different understanding than you.

Specifically:

Since as many as 10 percent of the lowest-wage workers leave or start jobs every month, any decrease in the number of full-time equivalent jobs will mean that some workers will take more time finding a new job, or will work fewer hours. But many of these workers may still see their annual earnings rise because of their wage increase.

this post was submitted on 23 Feb 2024
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