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The Effects Of Increasing Minimum Wage

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The Effects Of Increasing Minimum Wage
Usually it would make sense that low skill jobs imply that the wages should be low also. The people fighting for a higher minimum wage, as high as $15 an hour work at a low skill job. Therefore, these workers should not receive a higher wage. Increasing the minimum wage would hurt the United States economy, do to the effects it would have on small businesses, young people, and even the general population. The effects on small businesses could be devastating if there was an increase in the minimum wage. Owners find it unbelievably hard to maintain a good profit and keep afloat as a business if minimum wage was increased. Therefore, there should be changes in how the owners handle the higher minimum wage. For example, Anna Reyes, employee at
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