Submitted by Johs92 t3_10i9jpt in wallstreetbets
h1g440rs3 t1_j5h3phi wrote
Reply to comment by DiriboNuclearAcid in The dichotomy of FT by Johs92
Those that lost their jobs won’t work for minimum wage
DiriboNuclearAcid t1_j5hp3cs wrote
Based off no evidence, just my personal bias. I think most people being laid off won't find another high paying job because their whole sector is laying people off. The ones who get a new high paying job will be a minority, everyone else will be taking a substantial pay cut.
h1g440rs3 t1_j5hrhqk wrote
Lol but to minimum wage jobs?? That’s accepting nearly a 60% pay cut. That’s not likely at all.
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