Consider the impact on those in low-wage jobs, often working multiple jobs just to make ends meet. If wages remain stagnant while the cost of living continues to rise, these individuals will face even greater financial hardship.
Let's look at the city of Seattle, for example. They gradually increased their minimum wage to $15 an hour by 2021. Research conducted by the University of Washington found that workers earned more following the wage increase, and there was no significant job loss. This suggests that a higher minimum wage can be beneficial for workers without necessarily causing job scarcity.
What if we look at this issue from the perspective of the working poor rather than the job market as a whole? How would you suggest we address the wage stagnation and income inequality issues without raising the minimum wage?
اس اختلاف رائے جواب دینے والے پہلے شخص بنیں۔