Notes:
The higher the minimum wage rate, the greater the resulting increase in unemployment.
At a higher minimum wage rate there are fewer jobs available and more people want to work.
Who is helped and who is hurt by higher minimum wages?
Those who have jobs are helped because their wage rate increase.Those who did not have jobs and/or lose their jobs as a result of the higher minimum wage are hurt. In general, minimum wage laws hurt the people they are intended to help -- and help some people who already have jobs.