Meet ''Baxter'' the Robot Out to Get Your Minimum-Wage

From - Advisor Perspectives
January 22, 2013 - 9:51am

Jan 22, 2013 Mike Shedlock  No Benefits, Part-Time Job, Because He's Still Much Cheaper; Fed Cannot Win a Fight Against Robots The federal Minimum wage in the US is $7.25 per hour. Ten states have higher minimum wages with Rhode Island clocking in 50 cents higher at $7.75. Costs to the employer are higher of course, even if the employer ducks benefits by using part-time workers.More...

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