Minimum Wage and Unemployment (user search)
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  Minimum Wage and Unemployment (search mode)
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Poll
Question: If the minimum wage were abolished, what effect would it have on unemplyoment?
#1
Greatly Decrease
 
#2
Slightly Decrease
 
#3
No change
 
#4
Slightly Increase
 
#5
Greatly Increase
 
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Partisan results

Total Voters: 34

Author Topic: Minimum Wage and Unemployment  (Read 3552 times)
© tweed
Miamiu1027
Atlas Superstar
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Posts: 36,562
United States


« on: September 15, 2005, 05:38:14 PM »

Depends on what the definitions of 'greatly' and 'slightly' are, but I'm certain it would have a bad effect on employment--but not as bad of an effect as raising it to 15.00 would.
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© tweed
Miamiu1027
Atlas Superstar
*****
Posts: 36,562
United States


« Reply #1 on: September 18, 2005, 06:50:26 PM »

Depends on what the definitions of 'greatly' and 'slightly' are, but I'm certain it would have a bad effect on employment--but not as bad of an effect as raising it to 15.00 would.

I'm going to alter that opinion.  A minimum wage abolishment likely would increase employment, but a vast majority of the new jobs would be sweatshop-like and the quality and pay of all jobs would decrease over time.
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