Minimum Wage Increase On the Horizon?
#16
Re: Minimum Wage Increase On the Horizon?
That would significantly skew the statistics because holiday, summer, or seasonal workers are usually minimum wage and if that is 3% of the workforce during the year, then 4.7% becomes 1.7% if you only consider other workers. Also the Bureau doesn't count farm workers when calculating unemployment rates so they may not include them in the minimum wage count either. If they are counted, that could go either way since most are paid by the amount they pick and good pickers will make above minimum wage and workers that don't pick enough to meet minimum wage are usually not rehired during the following season but minimum wage for farm workers is lower than other workers.
#17
Re: Minimum Wage Increase On the Horizon?
In my opinion, percentage at minimum wage, medium income, and unemployment rates would ideally like to based on the number of people that want to work full time since that reflects how well the economy is performing more accurately.
However I do agree that it can be counted either way depending on what you are trying to determine.
Last edited by Michael; Dec 6th 2013 at 2:29 am.