Minimum wage hikes result in low-skilled workers being less likely to find employment at an automatable job.
minimum wage
The Wynne government plans to raise the minimum wage to $15.
A 10 per cent increase in the minimum wage leads to up to a four per cent drop in teen employment.
Twenty Canadian studies find that minimum wage hikes reduce employment opportunities for young workers.
The effect of the sharply rising minimum wage has been sharply rising joblessness among Seattle’s low-wage workers.
For every 10 per cent increase in the minimum wage, youth employment drops by three to six per cent.
Since 2003, manufacturing sales in Ontario have remained essentially unchanged yet increased by 20 per cent in B.C.
After Seattle’s minimum wage increased to $13 per hour, the total number of low-wage jobs declined by 6.8 per cent.
Premier Kathleen Wynne plans to increase Ontario’s minimum wage to $15 per hour over the next 18 months.
The total number of low-wage jobs declined by 6.8 per cent.