Some businesses are reducing employee benefits and cutting work hours.
minimum wage canada
Higher minimum wages tend to reduce employment opportunities for younger and less-skilled workers.
A 10 per cent increase in the minimum wage leads to up to a four per cent drop in teen employment.
Seattle’s minimum wage increase has hurt job prospects, and failed to produce higher earnings, for low-wage workers.
While it might not appear so, a higher minimum wage is effectively a tax.
Eighty-eight per cent of minimum-wage earners do not live in a low-income household.