Unlike minimum-wage laws,what do wage subsidies do

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Wage subsidies are a form of government intervention where cash payments or tax credits are provided to employers to incentivize them to hire workers who are typically low-skilled or part of the working poor demographic. Unlike minimum wage laws, wage subsidies do not mandate that employers pay their workers a certain wage. Instead, the subsidy acts as a financial incentive to encourage employers to hire workers who might otherwise be deemed too expensive to employ. The result is that employers are more likely to hire these workers, and the workers themselves are able to earn more money as a result. This helps to reduce poverty and increase the living standards of the working poor without creating unemployment, making it a more effective policy tool than minimum-wage laws.

Unlike Minimum-Wage Laws,what Do Wage Subsidies Do