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J. C. Penney Company, Inc. Message Board

  • americankingtiger americankingtiger Feb 14, 2014 5:38 AM Flag

    The Federal Mininmum Wage go up

    to $10.10 per hour, along with Obamacare will pushing

    Soft line Retailers such as JCP , Sears away.

    Affect Wal Mart and other food retailers in a big ways.

    Also closed down THOUSAND of small businesses has less 500 employees.

    Sentiment: Strong Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Get your FACTS right ,that is for Federal contractors ONLY

    • The Federal Mininmum Wage go up to $10.10 per hour
      /////////////////////////////////////////////////

      The Federal Minimum wage remains at 7.25 per hour - - - - what he increased was the "minimum wage for federal contractors"

      Right now it has nothing to do with JCP WMT etc, other than an attempt for him to generate a foothold to increase the actual Federal Minimum Wage .

    • Cost of living varies across the country. A blanket federal MW wouldn't be smart. Local MW increases make more sense and already exist. There aren't enough stupid people in congress to pass the 10.10 federal, so thankfully the country is safe from that. We got obamacare, because a higher number of stupid people had been elected to Congress at that time. It's a shame, because it hurts so many people and hurts businesses too.

    • Target paying employees $8 and its prices too high it will go away too.

      Sentiment: Strong Sell

      • 1 Reply to gohif35
      • And that is startiong wage at target with 4 year degree too you need to make clear. My son is manager in Asheville, NC store and says they no longer offer full time employment, ONLY 20 hour weeks and no benefits; and managers, etc who had vested certain amount of time previously like my son, are grandfathered into previous wage & benefits packages only... This will be new norm he says for employment at TGT.

 
JCP
10.23-0.54(-5.01%)Sep 19 4:05 PMEDT

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