Thank you, labor unions ......

[Zevico]

http://politicalcalculations.blogspo...l#.UEY345awXqA

25.8% under 20 years of age.

Well, that doesn't quite tell the whole story:

For example, we see that approximately half of all minimum wage earners in the United States for each year from 2006 through 2011 may be found between the ages of 16 and 24, with just under 25% in the Age 16-19 bracket and just over 25% in the Age 20-24 bracket on average. We see a similar stability in the percentage share for all the other age brackets.

Or slightly over 50% all up, all in the age bracket that either goes to high school, college, university and/or has its first few jobs up ahead of it.

[kentonio]

Well, that doesn't quite tell the whole story:

For example, we see that approximately half of all minimum wage earners in the United States for each year from 2006 through 2011 may be found between the ages of 16 and 24, with just under 25% in the Age 16-19 bracket and just over 25% in the Age 20-24 bracket on average. We see a similar stability in the percentage share for all the other age brackets.

Or slightly over 50% all up, all in the age bracket that either goes to high school, college, university and/or has its first few jobs up ahead of it.

So we're no longer talking about high school kids, we're now extending that out to a much, much wider range of young adults?

Btw, maybe I'm being dense but I have no idea what the relevance of that thing you quoted about black teenagers was. Why exactly would the minimum wage adversely effect black teenagers more than white teenagers?

[Zevico]

So we're no longer talking about high school kids, we're now extending that out to a much, much wider range of young adults?

Btw, maybe I'm being dense but I have no idea what the relevance of that thing you quoted about black teenagers was. Why exactly would the minimum wage adversely effect black teenagers more than white teenagers?

Because they were more likely to be applying for and working in low wage jobs rather than higher paid jobs as compared to white teenagers.

[kentonio]

Where are you getting that from? The government report said..

About 5 percent of White hourly-paid workers earned the Federal minimum wage or less, compared with about 6 percent of Blacks and about 3 percent of Asians. Among hourly-paid workers of Hispanic ethnicity, about 5 percent earned the minimum wage or less.

[Zevico]

First off, you miss the point. It's not the number that are on minimum wage right now--I take it that your report is referring to the numbers right now but I frankly can't be sure as you haven't provided a link--it's the number that aren't working at all because the minimum wage went up from being effectively nothing in the 1940's to being kept more apace with inflation after that time.

[kentonio]

First off, you miss the point. It's not the number that are on minimum wage right now--I take it that your report is referring to the numbers right now but I frankly can't be sure as you haven't provided a link

It was the same study linked above. That quote is from the data they used to make the pretty graphic. Link is in the link.

it's the number that aren't working at all because the minimum wage went up from being effectively nothing in the 1940's to being kept more apace with inflation after that time.

So where's the data to support that?

[Zevico]

Again, I refer you to Mr Sowell's article.

For those who want to check out the statistics -- and I hope that would include Mitt Romney -- they can be found detailed on pages 42 to 45 of "Race and Economics" by Walter Williams.

Sowell treads over the same path in his own book, Basic Economics.

There also appears to be a study by Even and McPherson, among many, many others.

http://online.wsj.com/article/SB10001424052748703859304576307201724065640.html

[Jon Miller]

It is because for advantaged people (people with more money, white people compared to black, and so on), the money is less of a factor in acquiring the job and the experience is more so.

Both sets are inexperienced...

JM

[Ogie Oglethorpe]

The real value of summer jobs/internship etc. is that you have first time real-world contact with the working world. Faced with the harsh relaity that you suck as an employee and that you better get your ****e straight and actually put in effort and work serves all well, both the delusional youth who think they are owed a veep slot within 3 years as well as future employers who benefit from having a recalibrated work force. Anything that discourages this process including disincentives to hire the near useless youths via increased minimum wage does a disservice to the future work force.

[Jon Miller]

But the issue is that a significant portion of society (who is making minimum wage) needs the money.

And currently we do have unpaid internships for those who focus on the 'real value' and do not need to make money.

JM

[Ogie Oglethorpe]

But the issue is that a significant portion of society (who is making minimum wage) needs the money.

And currently we do have unpaid internships for those who focus on the 'real value' and do not need to make money.

JM

If internships are to be the vehicle to provide the real world training, you have discriminated in favor of those enrolled in college curriculums, ie. the same rich folks you railed against earlier as having a natural advantage. No, all menial labor jobs subject to minimum wage need to be in play as that provides the largest base of jobs for the slacker youth to get their ****e in gear. Thus future employers will be able to count on potential employees that have resumes of employment at McDonalds and Burger King as employees having the barest ability to be at work on time as well as those who have had internships with Bell labs.

[Aeson]

In situations in the US where teens can't find menial jobs, it's not minimum wage that's the limiting factor.

[MrFun]

Some corporations are corrupt, therefore, we need to ban all corporations and make them illegal.

[Zevico]

In situations in the US where teens can't find menial jobs, it's not minimum wage that's the limiting factor.

Well, if you ignore the empirical evidence, sure.

[DaShi]

Zevico is being honest here. Whether you ignore the empircal evidence or not, Aeson is correct.