They interviewed a guy working 2 jobs.
At $10hr he is doing $6hr better than someone working for Federal $7 min wage.
They also interviewed a Restaurant owner. Sounds to me that the restaurant should not be in business any longer since he said he can't afford to pay his employees the $10hr yet claims to be an "upscale" restaurant.
I don't understand San Fran.
The push in the rest of the country is to get the U.S. down to $2hr to compete with China.
What are they trying to accomplish in San Fran?
12-12-2011
http://finance.yahoo.com/news/sf-be...BzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3
SF becomes first US city to top $10 minimum wage
San Franciscans passed a proposition in 2003 that requires the city to increase the minimum wage each year, using a formula tied to inflation and the cost of living. It's just another way the progressive people of the City by the Bay have shown their support for the working-class in a locale where labor unions remain strong and housing costs are sky high.
Employers say it could lead to layoffs by small businesses already forced to pay federal, state and city payroll taxes as well as a slew of other city-mandated taxes.
Daniel Scherotter, chef and owner of Palio D'Asti, an upscale Italian restaurant in the Financial District, said said the double whammy of recession and wage hikes has led to eight layoffs in his kitchen in the last four years.
At $10hr he is doing $6hr better than someone working for Federal $7 min wage.
They also interviewed a Restaurant owner. Sounds to me that the restaurant should not be in business any longer since he said he can't afford to pay his employees the $10hr yet claims to be an "upscale" restaurant.
I don't understand San Fran.
The push in the rest of the country is to get the U.S. down to $2hr to compete with China.
What are they trying to accomplish in San Fran?
12-12-2011
http://finance.yahoo.com/news/sf-be...BzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3
SF becomes first US city to top $10 minimum wage
San Franciscans passed a proposition in 2003 that requires the city to increase the minimum wage each year, using a formula tied to inflation and the cost of living. It's just another way the progressive people of the City by the Bay have shown their support for the working-class in a locale where labor unions remain strong and housing costs are sky high.
Employers say it could lead to layoffs by small businesses already forced to pay federal, state and city payroll taxes as well as a slew of other city-mandated taxes.
Daniel Scherotter, chef and owner of Palio D'Asti, an upscale Italian restaurant in the Financial District, said said the double whammy of recession and wage hikes has led to eight layoffs in his kitchen in the last four years.