Raising the minimum wage does not result in job loss.

Voting position claim
Claim

Name

Raising the minimum wage does not result in job loss.

Types

Voting position claim

Opposing arguments

In an effort to control costs, companies might accelerate the adoption of automation and technology to replace human workers. This could lead to a reduction in available jobs for low-skilled workers, potentially exacerbating unemployment issues among the most vulnerable populations.

Supported voting positions

Raise the minimum wage to $17

Raise the minimum wage to $15

Referenced by

Raising the minimum wage could lead to job losses, as businesses may not be able to afford the increased labor costs. Small businesses, in particular, might struggle to absorb these costs and could respond by reducing their workforce, cutting hours, or even closing.

US Politics

Voting position claim