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Minimum wage strikes again
bpost
Member Posts: 32,664 ✭✭✭✭
EXCERPT::::::::::::::::::
Costs also went up due to the increase in minimum wage and elimination of a J-1 visa program that allowed students from overseas to work in seafood processing, DeMatteis said in the statement.
http://www.adn.com/alaska-news/economy/business/2016/05/29/great-pacific-seafoods-files-for-bankruptcy-shuts-down-operations-in-alaska-and-elsewhere/
Costs also went up due to the increase in minimum wage and elimination of a J-1 visa program that allowed students from overseas to work in seafood processing, DeMatteis said in the statement.
http://www.adn.com/alaska-news/economy/business/2016/05/29/great-pacific-seafoods-files-for-bankruptcy-shuts-down-operations-in-alaska-and-elsewhere/
Comments
In the USA alone GOVERNMENT has escalated labors cost to where we can't compete, thus manufacturing jobs and other labor intensive jobs leave or automate.
- Here are a few hidden GOVERNMENT mandates resulting in job loss:
-- Unemployment insurance: Amount depends on location or number of employees.
-- Workman's Comp: Depends again on number of employees and type of work
-- Social Security: Corps must pay half
-- Medicare: Corps must pay half
-- Obamacare: Government forces those with 50 or more employees to pay for healthcare
-- Minimum wage laws: GOVERNMENT tell business how much to pay
-- FMLA: a GOVERNMENT sponsored vacation. Often abused and believe it or not DEMOCRATs want employees to pay for this leave. A 6-week paid vacation in addition to paid sick days and normal vacation.