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by vacri 5122 days ago
Something that will also affect these numbers from my country: minimum wage. Minimum wage in the US is $7.50(ish). Minimum wage in Australia is $15, which wasn't so ridiculous before our dollar soared in the past couple of years. For quite a while, the $AU was $.50-60US, but is currently equal.

This means the burger costs more to make here due to labour costs, but also that people have higher numbers of dollars to spend on their burger.

1 comments

What is really means is that the supply of workers at $15/hour greatly outnumbers the demand for workers at $15/hour.