us economy grew 3.1% in 2018

[Jim in CT]

Originally Posted by wdmso

GM to slash up to 15,000 jobs in North America; 7 plants could close as part of restructuring



. And the many Americans that have the jobs created by that roll are absolutely feeling the benefit.


booming economy 3 % growth 15,000 jobs lost clearly not these people feeling the benefit.

you will always have winners and loser and the min wage jobs are winning and what I call real jobs that provide a good wage and benefits are losing

So if any businesses downsize, it's a bad economy? You think no businesses went under during the roaring 20s? By that standard, when has the economy ever been healthy?

[scottw]

I was just reading a Whole Foods story about how AMAZON caved to all these progressive groups demanding 15 bucks an hour and raised their bottom wage to 15 and gave everyone over 15 a raise of a dollar or something....now the Whole Foods workers are noticing their hours are getting cut back....whose fault is that?

"Amazon recently began a $15 minimum wage for its employees at Whole Foods, but then the grocery store began cutting workers’ hours, according to the Guardian.

The multinational e-commerce company enacted the increased wage in November for all U.S. workers, in response to public pressure and criticism over its pay for employees.

The same wage increase that the supermarket chain employees fought for, however, has lead to widespread cuts across stores, Whole Foods employees told The Guardian."