Submitted by bluewardog t3_ydx143 in UpliftingNews
Comments
kippypapa t1_itw4f11 wrote
Job opportunities increased faster than population can increase. This makes worker bargaining power higher. Business wins, labor wins. In the law that they passed, business loses and for a short time labor wins, but ultimately labor loses because fewer businesses will open or hire as much. You see this in many European countries. People keep businesses in the family and employ few people. It’s hard to get a job in many European countries as a result.
thesouthwillnotrise t1_ituox9g wrote
wow…. i’m so happy for someone else’s country … again
KaramCyclone t1_itw7hhg wrote
And here in my country everything costs 26x more than it did in 2019... I'm restarting my career at 30 to have a chance at surviving
TheRabid t1_itustuo wrote
I’m not sure how this will help in the longer term but I’m happy that they’re happy!
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Mr-Korv t1_itwez1s wrote
That sounds like communism with extra steps
charlesfire t1_ituysz1 wrote
>We all want higher wages and better conditions - especially during a cost of living crisis. But the only sustainable route to higher wages is more productive businesses,
LMAO
That's not how it works. More productive businesses means "we will make more profit", not "we will increase our employees wages".