Price controls absolutely affect the labor market. Whether or not a market has perfect demand and supply curves does not render them immune to price controls. I

Price controls absolutely affect the labor market. Whether or not a market has perfect demand and supply curves does not render them immune to price controls. It's why many white dominated communities passed minimum wages long ago, to keep blacks out of the workforce and from competing with white labor. They knew the implications of minimum wages, and wanted that result. In fact, prior to the federal minimum wage passing in the 1930s, blacks had a higher employment rate than whites. After the law passed, the employment level among african americans was destroyed. It still hasn't recovered. Minimum wage laws in the US are literally a very clear example of codified systemic racism and it's shocking how many people relentlessly support them. If we want low skill workers to take home more pay, subsidize their wages.