Unemployment rates not the same for everyone

[h152cc2]

What about the other link I posted? Is that enough evidence for you?

[Randomdude]

Originally Posted by cyclone8570

Wow you all sound like a bunch of cry babies. Everyone knows that increases in the minimum wage causes increases in unemployment-- its not a debate-- its fact. Here is some evidence:


Look at the states with higher than the federally mandated minimum wage... see a trend here? Yes, its those states that are in the economic dumps... california, florida...etc.

Now lets look at a study that was done in Washington and Oregon:

http://www.econinternational.com/blog/wp-content/uploads/2009/04/employment_impacts_of_minimum_wage_1.gif (broken link)

This is evidence of absolutely nothing.

Trying to connect "minimum wage laws" and "economic climate", ignoring every other factor, many of which are far more important, such as education level of the population, and tax rates on business, is a complete and total fallacy.

[user_id]

Originally Posted by cyclone8570

Wow you all sound like a bunch of cry babies. Everyone knows that increases in the minimum wage causes increases in unemployment-- its not a debate-- its fact. Here is some evidence:

Odd that you think something that is not true is "a fact". In a healthy economy there is no consistent difference in unemployment rates between the states. Even today, there is not a consistent trend. Georgia with a very low minimum wage, has a higher unemployment rate (9.8%) than New York (8.2%) despite New York having one of the highest minimum wages. Tennessee with its loose minimum wage laws has a higher unemployment rate (10.2%) than Pennsylvania (8.7%) and Texas (8.1%), etc. SC unemployment rate is higher than the vast majority of other states, yet it has loose minimum wage laws.

Was this suppose to be counter-evidence?

[SouthBound47]

Originally Posted by Randomdude

Yet you will gladly pay them $8 an hour when they give you $16 in value, which is the case with most low wage jobs.

So you think that employers should pass every cent of value back to the employee. It's your job to meet and exceed the return on your salary. If you return just 100% of your salary you are probably useless to this company. If you are returning a higher percentage you are far more valuable, will likely get rewarded for this in the future through cash incentives, promotions, or other considerations. Most importantly, you won't find yourself unemployed, so long as your employer isn't suffering to the point where layoffs are a viable option.

[texdav]

Bascially the minium wage in states that are higher but thee cost opf lioving is higher and in many cases does not allow the same living standard. That is evident when you see retirees moving when they can to lower cost of living states. That brings more states depending on less people and in mnay cases now even the younger are moving to get on the home ownership l;atter because they can't i the staes where they were raised.Business often follows them to get the wrokforce they want and the lower cost of doing business.