Minimum Wage

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Illustrates how the minimum wage destroys employment opportunities for the most vulnerable workers (low-skilled, uneducated, teenagers, etc.) because those laws artificially raise the wages of low-skilled workers without increasing their productivity, and therefore significantly reduce their employability, especially relative to higher-skilled workers. Instead of being employed at a wage of $12,60 or $13.60 an hour, those most disadvantaged and vulnerable workers will now be unemployed at the real minimum wage of $0.00 an hour.

Via AEI