ext_4788 ([identity profile] sethb.livejournal.com) wrote in [personal profile] lsanderson 2009-12-16 07:18 pm (UTC)

Union contracts aren't indexed to the minimum wage.

Raising or lowering it might have some effect on other wages, but not very much. Companies (in happier times) often raised incoming wages, with no effect on employees who'd been there for years.

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