Upon whom does a minimum wage have its greatest impact

Question

Quizplus · Accepted Answer

Teenage workers are the ones who are most affected by minimum wage laws. This is because they often lack experience and skills and have little bargaining power. As a result, if the minimum wage goes up, employers may be less likely to hire them, and those who are already employed may see their hours reduced or even lose their jobs altogether. On the other hand, older workers tend to be more experienced and have more bargaining power, and male and female workers are affected similarly by minimum wage laws.

Upon Whom Does a Minimum Wage Have Its Greatest Impact