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#4026: Factory wages: correction (fwd)
From: Tom F. Driver <firstname.lastname@example.org>
Oops! I got the exchange rate wrong in the following part of my recent
In [the example Shirley Jean had given], the work week is 112 hours.
The pay of 750 gourdes for this amount of labor comes to 6.74
gourdes per hour, or 1.34 Haitian dollars per hour. In early May this
year the exchange rate was about 20 Haitian dollars to one US
dollar. That means the workers in the example are getting 6.7 cents
It was quickly pointed out to me that the rate was about 20 GOURDES, not
Haitian DOLLARS, to one U.S. dollar. That means that I had stated the
wage as 5 times lower than I should have. In other words, the wage would
figure out to be about 33 1/2 U.S. cents per hour. Sorry for the mistake.
Even so, the wage is still, to my mind, obscenely low when compared with
the profits to be made from it.
Tom F. Driver
New York City