Thursday, April 21, 2022

Apple unions

More good news for low and middle income workers. Apple workers in Atlanta filed to unionize Wednesday, becoming the first retail employees for the tech giant to do so in the nation, according to Communications Workers of America, the union representing the employees. This may lead to higher prices for consumers but many Americans will be willing to pay more if it means higher wages. In a typical fast food business one-third of expenses go to labor, one-third for cost of good sold and one-third for gross profit. To increase salaries by 50% for workers means a $3 hamburger will go to $3.50.

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