3 ms·
>I'm saying MW does hurt low skilled workers quite a lot Citation needed. In fact, I did a quick Google search and found out that several US cities/states have
by ShinTakuya 7y ago
>I'm saying MW does hurt low skilled workers quite a lot
Citation needed. In fact, I did a quick Google search and found out that several US cities/states have increased minimum wage this year and they've seen NO significant job losses. In fact, in some cases these states have seen more growth in low-income jobs than states with lower minimum wages.
Minimum wage takes money out of the pockets of the rich and puts it in the pockets of the poor. Half the time the rich people would have spent this money on luxury goods instead of spending this money on everyday things anyway. As such, in many cases you end up seeing increases (or at least no impact) in the numbers of low wage jobs because of the increase in demand of the products of said workers.