Raising minimum wage might reduce the number of jobs, but 100% * ~0$ < 10% * 15$.
Many companies have wages low enough that people receive significant public assistance while working full time. That’s a terrible trend, either the work is valuable enough to pay a living wage or or does not need to be done. Allowing companies to pay below living wages is simply an inefficient drain on the economy.
Many companies have wages low enough that people receive significant public assistance while working full time. That’s a terrible trend, either the work is valuable enough to pay a living wage or or does not need to be done. Allowing companies to pay below living wages is simply an inefficient drain on the economy.