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by toomuchtodo 1871 days ago
Chipotle is hiring 20k employees and is prepared to offer them $15/hr, as other retail establishments who have followed along (Amazon, Target). Of course this is going to squeeze businesses offering low wage, grueling jobs. It’s about framing, attempting to cast those who can make more on unemployment as lazy. Someone who has something someone else wants (labor) that is in tight supply, and intelligently prices it isn’t lazy; they’re savvy. This is market price discovery, with sour grapes from a buyer who previously was able to obtain a better price from the seller.