I don’t wanna debate the subject or anything but I did want to point out that there ARE other factors that keep employees around besides wage especially at lower skill jobs where there is wide range of ages that could work there. If you’re a good boss to work for in a small business, less money could be worth better work environment.
A lot of people are scared of change. And im sure there are plenty of people don’t really try to achieve more on life than being content.
and also McDonald’s has had competitive pay above minimum wage for a while now. Idk I just don’t think this stuff will be such a pendulum swing as you anticipate because of these things so I wanted to share.