A minimum wage mostly creates unemployment among older workers.

Question

Quizplus · Accepted Answer

The impact of minimum wage on unemployment among older workers is not clear cut. Some studies suggest that it may have a small negative effect on employment for certain categories of older workers, while other studies suggest that it has no substantial impact. Furthermore, minimum wage laws are often designed to protect low-wage and entry-level workers, many of whom are young and have little work experience. Therefore, it is unlikely that a minimum wage would mostly create unemployment among older workers.

A Minimum Wage Mostly Creates Unemployment Among Older Workers