Does the Minimum Wage Cause Job Loss?

If the federal government raises the minimum wage from 7-25 to 10-10 an hour, there will be fewer poor people… right?

Well, the truth is there would be fewer jobs.

Many minimum wage jobs are the first jobs people ever get like at a restaurant or a grocery store.

Making their employer pay them more means their employer cannot afford as many workers unless they drastically raise their prices and probably lose a lot of customers.

Instead, many employees could get replaced by robots or computers like those self-checkout lines at the grocery store.

Even the government’s own Congressional Budget Office says such a raise would eventually leave as many as 500-thousand people unemployed.

Our country needs more people working… not less. Shouldn’t we help the poor without hurting job creation?