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21 July, 12:53

Why do some workers lose their job when the minimum wage is​ increased?

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  1. 21 July, 16:22
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    The company can't afford to pay their employees. If you have 100$ you can have ten people working for 10$ an hour and pay everyone for one hour. You can't have 10 people getting paid 20$ because the company would lose money. So if they are paid 20$ per hour, the company can only afford to hire 5 employees.
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