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Old 05-04-2021, 05:24 PM   #3
phoenix
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Agree with you. Labor is supply and demand. A business will look at its cost and its price flexibility and determine what it can afford to pay to stay in business. Potential workers will decide if it is worth it. Few restaurants will be able to afford to pay a busser 15 per hour and stay in business but if too low no one will take the job. Many economist will tell you a minimum of ~ 70% of the averages for that skill is about right which likely is ~ $11 per hour. At $15 many of those jobs will go away. Servers will end up doing their own bussing . A tight labor market will raise wages on its own without government interference .
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