Critics of the current minimum-wage system argue that:

Question

Quizplus · Accepted Answer

Critics argue that the minimum-wage system results in job loss for low-skilled workers because employers are less willing to hire them at higher wage rates. This can exacerbate economic inequality as those who are most in need of work are the ones who are most likely to be negatively impacted. There is no evidence to suggest that the minimum-wage system promotes racial harmony or economic growth. It also does not exclusively protect companies with large workforces. While increasing the minimum wage may allow workers to buy more necessities, this is not the primary purpose of the law.

Critics of the Current Minimum-Wage System Argue That