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Nothing much in this article is groundbreaking, when large employers raise wages, smaller employers of people with similar skillsets are forced to raise wages a
by wonderwonder 5y ago
Nothing much in this article is groundbreaking, when large employers raise wages, smaller employers of people with similar skillsets are forced to raise wages as well. What is very interesting was the fact that unemployment in the region is only affected by .4 to 1.3 percent. This is not the doomsday scenario pushed by people claiming that raising minimum wage would result in large scale elimination of existing jobs as businesses are forced to fire people just to survive the parasitic employees demanding a living wage.