Whenever the wage rises above the competitive equilibrium, regardless of the source, the result is additional unemployment.

Name: Whenever the wage rises above the competitive equilibrium, regardless of the source, the result is additional unemployment.
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When the wage rises above the competitive equilibrium, employers have to pay more than what the market demands for labor. As a result, they may hire fewer workers or lay off some of their current employees. This leads to unemployment.

Whenever the Wage Rises Above the Competitive Equilibrium, Regardless of the Source