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.
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.