alt Hacker NewsYour job hopping comment is interesting and is generalisable: reduce monopsony in the labour market, and you get more competition for labour that actually bites.
The minimum wage is a strawman by comparison: it doesn't actually help workers.
Gig-work like Uber is a great safety valve to enable instant job hopping for unskilled labour. And not just the job hopping itself, but also the threat of job hopping.
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jay_kyburz • today at 3:45 AM
I'd like to see a world where the government provided a job for anybody who wanted one. If you're not enjoying your corporate job you can go back to planting trees to offset carbon emissions. Getting to old to plant trees? Go work in the library. Want to develop it skills? get a job helping the government transition to Libre Office
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> The minimum wage is a strawman by comparison: it doesn't actually help workers.
[citation needed]
By measures such as own-wage elasticity [DUBE & ZIPPERER] increases to the minimum wage evidently increase wages more than they decrease employment.
[DUBE & ZIPPERER]: https://www.nber.org/papers/w32925