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The Pros And Cons Of Raising Minimum Wage

430 Words2 Pages
The minimum wage should not increase because it would lead to Layoffs, less jobs, and Inflation. Among other things these things should be major driving factors to not raising the minimum wage. There are pros to raising it but the cons far outweigh them and over the course of this you will learn about them.

The first con to raising minimum wage is layoffs, having to pay workers higher wages could lead employers to rethink the employees they have hired which could lead to many employees who had made the cut before suddenly not meet the requirements for that job. This would increase unemployment and give us a whole new problem to deal with. Our unemployment would spike making less people able to find jobs and many unable to get things
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