Hindsite wrote:The point is that increasing the minimum wage by government force hurts Small businesses and results in layoffs of workers.That assertion has proven to be false. You've simply been told that so much that you think it's true, when it's not.
Research Shows Minimum Wage Increases Do Not Cause Job Loss
Extensive research refutes the claim that increasing the minimum wage causes increased unemployment and business closures.
Numerous states raised their minimum wages higher than the federal level during the 1997-2007 period the federal minimum wage remained stuck at $5.15. Research by the Fiscal Policy Institute and others showed that states that raised their minimum wages above the federal level experienced better employment and small business trends than states that did not.
In the 2015 report, Minimum Wage Policy and the Resulting Effect on Employment, the research institute Integrity Florida observes, "Economists cite several reasons why increases in the minimum wage, which raise employers’ cost, generally do not cost jobs. Increased pay adds money to workers’ pocketbooks and allows them to buy more goods and services, creating higher demand, which in turn requires hiring more workers. The higher wage may make it easier to attract applicants and results in less turnover of workers, lowering costs of employers." They report, "Our examination of employment statistics in states found no evidence of employment loss in states that have increased the minimum wage and more evidence that suggests employment increases faster when there is an increase in the minimum wage."
https://www.businessforafairminimumwage ... e-job-loss