Untitled attachment

Notices where this attachment appears

1. Embed this notice
   🎓 Doc Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Monday, 26-May-2025 04:07:36 JST 🎓 Doc Freemo :jpf: 🇳🇱

   in reply to

   @Mr_Teatime

   > afaict abolishing MW will likely lead to most people who are currently on MW getting pay cuts. With some delay, it will then lead to some currently-unemployed people finding work at even lower wages.

   No, because those people are paid that minimum wage because their skills make them give as much back as value. So no it doesnt work that way, nor is there any evidence to suggest it does.

   > How many "some" are, I can't tell, so I don't think there's a clear argument either way.

   The chart I provided shows exactly what that number is. A 50% increase in minimum wage would result in 50% increase in the number of people with no high school diploma being unemployed. You dont need to guess you have a peer reviewed study telling you. The relationship is linear, so when you double minimum wage you double the number of people who dont have a job (among those without diplomas). For those with a high school diploma the increase is only slightly smaller.

   @aiono @rootfake @MikeDunnAuthor