US Politics
"Minimum Wages Encourage Uneconomic Automation"
Quote
Name
"Minimum Wages Encourage Uneconomic Automation"
Types
Quote
Source
Cato Insitute
Source URL
https://www.cato.org/blog/minimum-wages-encourage-uneconomic-automation
Referenced by
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.
US Politics
Voting position claim
Claim