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

Question

Quizplus · Accepted Answer

Unskilled workers are typically the ones who earn minimum wage. If the minimum wage is increased, businesses may not be able to afford to pay their workers the higher wage, and may either lay off workers or choose to hire fewer workers in the future. This would likely increase unemployment among unskilled workers. College graduates, female workers, and older workers are not necessarily earning minimum wage and therefore would not be directly impacted by an increase in the minimum wage.

An Increase in the Minimum Wage Would Likely Increase Unemployment