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> If minimum wage were $15 ... then low-skilled candidates would NOT be able to find any job at all, because if low skilled candidate's expertise does not supp
by dennisgorelik 7y ago
> If minimum wage were $15
... then low-skilled candidates would NOT be able to find any job at all, because if low skilled candidate's expertise does not support $15/hour salary, and employers who could, potentially, pay less (e.g. $10/hour) are legally prohibited from employing people at that lower rate -- then there are no other jobs available to that low skilled candidate at all. Which means forced and hopeless unemployment.
- chillwaves 7y agoYes, and if we got rid of the minimum wage just think of all the wonderful job opportunities that would abound! Why, if you only pay people $1/hr, you can employ 7x as many people vs the current min. wage! It's simple economics.