You can thank Obama.
You’re right, they are saying that they are only paying your $15/hour because they’re required to because the jobs in question might not be worth $15/hour. If I need someone to stock shelves or clean floors I may have been able to find a teenager with no previous experience to do it for $10/hour. Stocking shelves was never meant to be a “living wage” type of job and it may have been perfect for someone’s first job. But now I can’t fill that position without a significant impact to my business.
Mark up is not a gauge for the financial health of a company. For example, I just looked at the financial statements for 7-11. Their earnings before income tax were 6% (4% if you consider their one-time charge they referenced). In other words, 7-11 netted out 4 to 6 cents for every dollar of revenue.
Yes, this used to be true, but hey, times change, Everything is not always going to be in the companies best interest, that is just the nature of business,I had to deal with this when I ran the lawn care company, but unfortunately I could not maintain this company, and had to sell it while I still could, I didnt go whining and crying to anyone and demand conditions be altered to my benefit, when I saw I could not run it anymore, I accepted that and got out…if someone cant afford to keep a business going, its time to get out, that is simple, you can be sure someone will come along that is able to keep it going though, no matter what the rules/ conditions are, thats exactly what happened with the guy who bought my company, the last i heard, he is doing good, still services most of my old clients, rates have gone up, but it appears, most of the clients accepted that and kept him, so it all worked out, the clients get service, he is making profit, and I got into something else.
…if someone cant afford to keep a business going, its time to get out, that is simple, you can be sure someone will come along that is able to keep it going though…/QUOTE]
I agree with you! Once upon a time employers were more concerned about their employees and felt responsible to pay them a wage “worthy of their hire”. Now it’s all about how much money they can make.
In any case, having been the parent of a young man who had a hard time finding a full-time job, I take exception to the original poster’s comment about them sitting around playing video games all day. Please let’s not discuss a stereotype that I have yet to see in my son or any of his friends! It took all of them at least a year to find a decent job and they all did different things while they were looking to pay the bills.
The first step to encourage them to contribute to life in the church is to stop presuming they are lazy slobs who are mooching off their parents. I certainly wouldn’t want to be around a bunch of people who assume that just because I’m having difficulty finding a job!
And that gets to the heart of the OP’s question. When you have many businesses in a community seeing that the business climate is no longer worth it, they get out. It might not be worth it because the demand for your goods or services dried up or shifted. Or it might not be worth it because you can’t absorb all the rules, regulations, and restrictions that come out every year. Regardless of the reason, when businesses close down that leaves a lot of people who otherwise would have jobs unemployed.
Selah KY;12914331:
Thanks for the defense! I have seen both, and I too struggle with employment. I’ve been guilty of spending too much time on the couch too, whether employed or not!
P.S. I’m a female
