(Reblogged from letterstomycountry)

bspolitics:

Wait. You guys don’t have a paid maternity leave? O_o

Nope, and every time it’s brought up, there is a chorus of, “BUT SOMEONE THINK OF THE PROFIT MARGINS!!! IT WILL DESTROY JOBS AND KEEP COMPANIES FROM HIRING WOMEN!!”

Just like the comments over at the source of the article.

In Canada it doesn’t cost companies anything as it is paid through employment insurance and is effectively like if you were on unemployment for a year (the last 9 months is paternity leave and can be split between either parent not just the mother) but employer is required to hold a job for you.

The only real cost to employers is hiring and training costs with bringing in temporary replacements

(Reblogged from bspolitics-deactivated20140630)

Minimum Wage Vs Unemployment Vs Retail Cost - Sydney Vs NYC

read an interesting article: http://www.dailyfinance.com/2014/05/12/cheap-date-index-global-prices/ which compares the cost (in USD) of a burger, movies, beer & a cab ride for 2 people in major cities around the world.

The article lists the price in Sydney Australia at $104; 12% higher than NYC at $93. These are the 2 most expensive cities on the index for their respective countries. Not surprisingly Sydney comes in higher; after all wages in Sydney are higher particularly minimum wage which is $16 Australian / Hour (Approximately $15 US / Hour at time of posting as per google conversion)

However; the difference is not as significant as one might expect. NY minimum wage is currently $8 / Hr so the poorest Sydney workers are making 87.5% more / hour than comparative working New Yorkers. In spite of this Sydney siders only have to pay an extra 12% to go to Maccas (Australian for McDonalds) see a movie then grab a beer and make it safely home in a cab.

What about Unemployment? Current unemployment in Sydney is listed at 5.8% here (first news article on google search) and in NYC 8.9% (as per google which lists US Bureau of labor statistics as it’s source.

So, comparison of two major cities indicates that significant increase in minimum sage results in minor increase in goods and services provided and does not appear to have had any negative impact on unemployment.

(Reblogged from robertreich)

facetofacegames:

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(Reblogged from facetofacegames)

priceofliberty:

There it is. Please stop debating this issue, abolish the minimum wage.

Your assumption is that once wages drop below a certain point people will cease to require a wage and so will exit the job market and that the only limit on the supply of jobs is the cost of labor. Both these assumptions are false.
(Reblogged from priceofliberty)

This Ted talk breaks down the myth of 1% as job creators

@1:46 - “hiring more people is a course of last resort for capitalists. It’s what we do if and only if rising consumer demand requires it.”

bspolitics:

thecaffeind:

antolovich:

thepandabaker:

adeyami:

Land of the free home of the rich

What really scares me is that they all have significantly cheaper health care AND education, which means Americans not only make they least, they pay the most.

…wait, what?

I have friends from Australia, and they were telling me that even though their wages are high, everything there is twice as expensive. So, it just evens out. 
Maybe they should tack on the average cost of living, too. 

Australia also has universal healthcare, when taking that into consideration, Americans still have it worse.

Double is an overstatement… Would vary depending on the respective cities but as per site below groceries are 1/3 higher in oz and rent / consumer price index is about 50% higher. So on balance Aussies are significantly better off (doesn’t factor net incomes though) particularly if you add in Medicare. http://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=Australia&country2=United+States

bspolitics:

thecaffeind:

antolovich:

thepandabaker:

adeyami:

Land of the free home of the rich

What really scares me is that they all have significantly cheaper health care AND education, which means Americans not only make they least, they pay the most.

…wait, what?

I have friends from Australia, and they were telling me that even though their wages are high, everything there is twice as expensive. So, it just evens out. 

Maybe they should tack on the average cost of living, too. 

Australia also has universal healthcare, when taking that into consideration, Americans still have it worse.

Double is an overstatement… Would vary depending on the respective cities but as per site below groceries are 1/3 higher in oz and rent / consumer price index is about 50% higher. So on balance Aussies are significantly better off (doesn’t factor net incomes though) particularly if you add in Medicare.

http://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=Australia&country2=United+States

(Source: socialismartnature)

(Reblogged from bspolitics-deactivated20140630)