fncceo
Diamond Member
- Nov 29, 2016
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/—-/ Full Service gas stations started dying out in the 1970s. I’m old enough to remember them. Whatever Happened to...Full Service Gas Stations? - Go Retro!99% of those jobs are not minimum wage jobs.
Actually, just over 97%
I am speaking of the open, unfilled positions. I doubt even 3% of them are minimum wage jobs. Even the fast food places here are paying more than minimum wage because of the fight for employees.
This too shall pass in the next 5 years. Fast food will go by the way of many manufacturing jobs to automation. It's already happening. And it's not the lack of workers or the higher pay, it's just the way things are. Like the Gas Stations.
The beginning to the end was actually in the late 60s. We all thought it was just a fad.
It wasn't the end of anything ... people voted with their wallets ... they would take cheap self-serve over more expensive full-serve every time. It wasn't a government plan or social engineering ... it was the ever present invisible hand of the market (to quote Adam Smith).