This question is about minimum wage by state.

How does increasing the minimum wage affect employment?

By Zippia Team - Dec. 7, 2022

Raising the minimum wage has the potential to make employment more competitive. This is because it increases the cost of hiring low-wage workers, so many companies will choose to hire fewer workers to offset the higher costs. Unfortunately, this can actually increase jobless and unemployed Americans.

At the same time, the Americans with jobs will likely have a higher standard of living based on their new wages.

How does increasing the minimum wage affect employment?

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