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by w0m
3064 days ago
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Honestly; engineers '100k/year' salaries are also distorted by the false floor on the job market. I'm honestly not sure if actually for the higher or lower, though I do know goods/services tied to minimum wage are too cheap currently by far. The min wage has allowed employers to utilize business models relying on arbitrarily-cheap labor as, 'that's what everyone pays' functionally keeps all entry level work low through collusion. The biggest flaw with the Big Mac Index IMO; it's too cheap in the US. |
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