Raising the minimum wage will kill 1.8 million jobs
Washington Free Beacon:
Minimum wage increases over the next several years will result in 1.8 million job losses, according to a report from the American Action Forum.The hardest hit are those seeking entry level jobs. It is especially devastating for minority youth seeking to join the workforce and gain experience.
By July of this year, 22 states and the District of Columbia will have implemented minimum wage increases. In just 2017 alone, wage increases will lead to 383,000 job losses.
"Unfortunately, it is the lowest-wage, least-skilled workers who pay the largest prices for these consequences," the report states. "While they need those experiences most to develop skills and find better paying jobs, they are the least likely to be able to keep their jobs or find a new one when the minimum wage rises."