Paxchex CEO Expects Lowest Wage Earners to See Biggest Increases

The video discusses wage gains in lower income jobs, highlighting that these workers are seeing the largest increases due to minimum wage hikes. It also covers the impact of tax reform, which resulted in a 5% net pay increase for the average person in 2018. Additionally, the video addresses the hiring challenges faced by small businesses, which struggle to find trained laborers due to limited resources and benefits compared to larger companies.

What trends are observed in wage increases for lower income earners compared to higher income earners?

How have minimum wage increases affected the earnings of the lowest wage earners?

What impact did tax reform have on the average person's net pay in 2018?

What challenges do small businesses face in hiring trained laborers?

What are the implications of small businesses declining work due to labor shortages?