General Discussion
In reply to the discussion: This, my friends, is far too typical for my generation. [View all]Laelth
(32,017 posts)And they're richer than ever. Why shouldn't they laugh?
I applaud the concept and the practice of multi-generational housing, but I still don't like being poor.
If we agree that minimum wage, right now, if it had kept up with inflation and increases in productivity, would be $22.00/hr. had it remained the same as the minimum wage in 1962, then people without High School diplomas would be earning $22.00/hr. People with High School diplomas should be getting more than $22.00/hr. A college degree should be worth at least $30.00/hr. (i.e. $60K/year), and that's for an entry-level position. People with experience should make more than that.
Is that what the 2013 job market looks like? If not, then everyone should concede that this job market sux for GenX and for the Millennials.
-Laelth