And this is why raising minimum wage can lead to opposite effect than expected. Person making that 100 dollar product may be already at the limit of profitabili

And this is why raising minimum wage can lead to opposite effect than expected. Person making that 100 dollar product may be already at the limit of profitability for that specific product for the company. Raising minimum wage can cause them to become unprofitable, which means that the worker is let go. For those with low skills, this can mean unemployment, even permanent one. I think that a lot of the "worker shortage" is in fact companies being unwilling to understand that they are being outcompeted in the market, someone is able to make that 100 dollar product less costly and thus can attract more workers, or alternatively workers/resources cost less abroad.