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Thread: Gap Inc raises minimum hourly rate to $9 in 2014 and $10 in 2015

  1. #1
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    Gap Inc raises minimum hourly rate to $9 in 2014 and $10 in 2015

    1 Minimum wage jobs: not just for college students or the uneducated

    88% of minimum wage workers are over the age of 20, and 44% have at least some college experience.

    -Economic Policy Institute

    2 It’s not enough: Working families still struggling today

    2.8 million working single parents would benefit from the President’s proposed increase in the full minimum wage, more than 80 percent of whom are women.

    -'Minimum Wage and Women' White House report

    3 A women’s nation pushes back from the brink

    Women are nearly two-thirds of minimum wage workers. Closing the wage gap between men and women would cut the poverty rate in half for working women and their families, and would add nearly $500 billion to the national economy.

    -The Shriver Report

    4 The job hunt is rough out there

    Seven in 10 young adults face more economic challenges than previous generations. Millennials are also the first in the modern era to have higher levels of student loan debt, poverty and unemployment, and lower levels of wealth and personal income than their two immediate predecessor generations (Gen Xers and Boomers) had at the same stage of their life cycles.

    -Millenials in Adulthood/Pew Social Trends

    Gap Inc will raise the minimum hourly rate for U.S. employees in 2015

  2. #2
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    Quote Originally Posted by labrea View Post
    1 Minimum wage jobs: not just for college students or the uneducated

    88% of minimum wage workers are over the age of 20, and 44% have at least some college experience.
    And half are 24 or younger.

    2 It’s not enough: Working families still struggling today

    2.8 million working single parents would benefit from the President’s proposed increase in the full minimum wage, more than 80 percent of whom are women.
    According to liberals, everyone in the world would benefit from an increased minimum wage. "Would benefit from" is a loose phrase. Anyone could spin anything that way.

    Also, any working family relying on the minimum wage (whatever that happens to be) is going to struggle.
    Thanks from metheron

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    Proud deplorable Bigot Outdraw Poker Champion, Colinks :Swap Champion
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    Quote Originally Posted by labrea View Post
    1 Minimum wage jobs: not just for college students or the uneducated

    88% of minimum wage workers are over the age of 20, and 44% have at least some college experience.

    -Economic Policy Institute
    Although workers under age 25 represented only about one-fifth of hourly paid workers, they made up about half of those paid the Federal minimum wage or less.

    Quote Originally Posted by labrea View Post
    2 It’s not enough: Working families still struggling today

    2.8 million working single parents would benefit from the President’s proposed increase in the full minimum wage, more than 80 percent of whom are women.

    -'Minimum Wage and Women' White House report
    Among those paid by the hour, 1.6 million earned exactly the prevailing federal minimum wage of $7.25 per hour

    Quote Originally Posted by labrea View Post
    3 A women’s nation pushes back from the brink

    Women are nearly two-thirds of minimum wage workers. Closing the wage gap between men and women would cut the poverty rate in half for working women and their families, and would add nearly $500 billion to the national economy.

    -The Shriver Report
    In 2012, 6 percent of women paid hourly rates had wages at or below the prevailing federal minimum, compared with about 3 percent of men

    Gap Inc will raise the minimum hourly rate for U.S. employees in 2015[/QUOTE]

    It would be nice to have an honest discussion based on facts that aren't slanted. Maybe it would be an easier discussion one way or the other if we were all honest about it.

  4. #4
    Southern Strategy Liberal OldGaffer's Avatar
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    71% of the voters want to increase the minimum wage, that is what counts. Democrats are going to pound the repubs on this issue all the way til November.
    Thanks from Thx1138

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    Quote Originally Posted by labrea View Post
    1 Minimum wage jobs: not just for college students or the uneducated

    88% of minimum wage workers are over the age of 20, and 44% have at least some college experience.

    -Economic Policy Institute

    2 It’s not enough: Working families still struggling today

    2.8 million working single parents would benefit from the President’s proposed increase in the full minimum wage, more than 80 percent of whom are women.

    -'Minimum Wage and Women' White House report

    3 A women’s nation pushes back from the brink

    Women are nearly two-thirds of minimum wage workers. Closing the wage gap between men and women would cut the poverty rate in half for working women and their families, and would add nearly $500 billion to the national economy.

    -The Shriver Report

    4 The job hunt is rough out there

    Seven in 10 young adults face more economic challenges than previous generations. Millennials are also the first in the modern era to have higher levels of student loan debt, poverty and unemployment, and lower levels of wealth and personal income than their two immediate predecessor generations (Gen Xers and Boomers) had at the same stage of their life cycles.

    -Millenials in Adulthood/Pew Social Trends

    Gap Inc will raise the minimum hourly rate for U.S. employees in 2015
    Neomalthusian says this will hurt their bottom line. LOL. Looks like history laughs in the face of that argument yet again.

  6. #6
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    Quote Originally Posted by OldGaffer View Post
    71% of the voters want to increase the minimum wage, that is what counts. Democrats are going to pound the repubs on this issue all the way til November.
    I hope they pound the GOP into the ground and through the Earth about this.

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    Quote Originally Posted by Jacquelope View Post
    Neomalthusian says this will hurt their bottom line. LOL.
    You keep pretending I give any shit about the bottom lines of fast food restaurants and crappy retail companies. I don't care about their bottom lines. What I care about is not setting a precedent that federal government intervenes in labor markets to set terms of contracts that people themselves can negotiate individually.

    I'm noticing a trend that any time a municipality, state or individual company decides to raise their bottom wage, liberals set it on a pedestal as an example of what should be forced upon the entire nation. That doesn't make any sense.

  8. #8
    Flibbertigibbet Wonderer's Avatar
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    Quote Originally Posted by metheron View Post

    It would be nice to have an honest discussion based on facts that aren't slanted. Maybe it would be an easier discussion one way or the other if we were all honest about it.
    Now there's a novel concept!

    And bully for The Gap. Their company, their decision.

  9. #9
    Veteran Member bajisima's Avatar
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    Lowes here in New England is now making starting wages at 11 bucks an hour. While I applaud their decision, we are now seeing the mom and pop hardware and appliance stores feeling the pinch and closing because they cant compete with that.

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