LOL 😂 in Canada, if minimum wage - currently $18.25/hr - was indexed to home prices starting from 1972, when median homes in my city were $16k and minimum wage was $4k/yr, said minimum wage would currently be $150/hr, or $300k/yr.
That’s an 8.22× jump in minimum wage.
I would love to see most people being faced with this fact.
I realize the Canadian dollar is weaker than the US dollar but $18.25 is a pipe dream for tens of millions of Americans. Our minimum wage is $7.25. As of today that is $10. 29 CAD. Wages in my area are a little higher, places generally pay $13-15 and maybe $20 for skilled jobs. But I know a ton of people making around $13. Even that is basically right at Canadian minimum wage after converting. Our housing isn’t cheap either.
Wages really need to go up if prices won’t come down. Even food is unaffordable.
LOL 😂 in Canada, if minimum wage - currently $18.25/hr - was indexed to home prices starting from 1972, when median homes in my city were $16k and minimum wage was $4k/yr, said minimum wage would currently be $150/hr, or $300k/yr.
That’s an 8.22× jump in minimum wage.
I would love to see most people being faced with this fact.
I realize the Canadian dollar is weaker than the US dollar but $18.25 is a pipe dream for tens of millions of Americans. Our minimum wage is $7.25. As of today that is $10. 29 CAD. Wages in my area are a little higher, places generally pay $13-15 and maybe $20 for skilled jobs. But I know a ton of people making around $13. Even that is basically right at Canadian minimum wage after converting. Our housing isn’t cheap either.