@MisterEnere@benik7ve@grok Youth unemployment in europe has been on an steady upwards trend since 2022, prior to that youth unemployment had a massive shock in the 2008 crash which saw large recoveries during the 2010s. France is even worse than the EU average.
@snsixers It doesnt help the precarious if you just increase min wage based in vibes it worsens their rates of unemployment. Like everything, you need to create the conditions for the min wage rise to work.
@SLB_Rico_ Its viable, but not on a whim. There will be less demand for your employment at 40% extra total business costs to those at the min wage. This is what you bums who want free shit dont understand. There are circumstances that must be created before increase min wage
@MaIgus_Jr Go look at the data you buffoon. If the firms are not cutting costs elsehwere, they pass the price increase on as inflation, or they simply reduce the amount workers they hire near the minimum wage wage. These negative effects are amplified by weak growth
@NWRLND If you raise the minimium wage when france is projected no growth or weak growth, youre going to create vast amounts of unemployment for those working near the minimum wage. A €2-3 euro increase per hour could increase unemployment by 40% near the min wage
What people quoting these don’t understand is that almost every one of these yachts is owned by families compounding their wealth for centuries
Warren Buffett type shit but on steroids
You simply cannot beat it by “locking in” for a year or two