An increase in the minimum wage would likely increase unemployment among which group of workers?

Question

Quizplus · Accepted Answer

An increase in the minimum wage is likely to increase unemployment among unskilled workers. This is because if the minimum wage is raised, employers may not be willing or able to pay their unskilled workers the higher wage, and may decide to either reduce the number of workers they employ or hire more skilled workers who they perceive as being more productive and worth the higher wage.

An Increase in the Minimum Wage Would Likely Increase Unemployment