Unitended Consequences of a Minimum Wage Increase
156 views · Published 6 December 2013 · 4:27 · Indexed 15 October 2026
Channel: Financial Issues · 2013 · News & Politics
If the minimum wage increases for unskilled workers than either skilled workers talents will be devalued or in the case of some unions they will automatically receive wage increases as well. This will necessarily raise the cost of all goods and services. So the question is, will the unskilled minimum wage workers really be any better off?
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