The Minimum Wage Habit and its Bad Jobs Effect

If there were ever a simple law of economics everyone should learn it's this: The so-called minimum wage kills jobs for young people with no skills.

Yet, like clockwork, the left continually brings up the question of raising the minimum wage periodically, to help the poor.

Enough independent research confirms the truth: Employers tend not to hire those who have insufficient skills to warrant increased salary demands. This is the case with minimum wage jobs.

Not only are there less jobs; there is less of an opportunity for youth to get ground-floor training in work-skills.

Unions love the legislation because such wage adjustments also increase organized labor's cost-of-living contract agreements. (See the Earl J Weinreb NewsHole® comments.)