Companies have been promising higher wages to attract workers – but some workers aren’t so happy. Because while “higher wages” sounds promising, the reality doesn’t always deliver.
Even though average wages have increased, many workers aren’t seeing a huge difference – because many employers are hiring more part-time workers instead of fewer full-time workers. That way they can save money by avoiding having to provide benefits like health insurance.
Workers make more per hour, but get fewer hours on the schedule, making their gains minimal! And there’s another challenge, too.
As prices of goods continue to soar, the wage gains aren’t keeping up – and many workers are barely breaking even. The lack of economic security due to low wages and ever-changing hours is a threat to people’s health – and even the development of their children.
Our economic system is constantly threatening the personal and financial stability of workers. This system is failing us – promises of “higher wages” always come with a loophole that shows the economy’s true colors.