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Getbig Main Boards => Politics and Political Issues Board => Topic started by: dario73 on March 05, 2014, 11:50:01 AM

Title: North Dakota has minimum wage of $7.25/hr
Post by: dario73 on March 05, 2014, 11:50:01 AM

It also has the lowest unemployment rate in the country.



http://www.businessinsider.com/here-are-the-states-with-the-highest-and-lowest-unemployment-rates-2014-1

Title: Re: North Dakota has minimum wage of $7.25/hr
Post by: dario73 on March 05, 2014, 11:52:50 AM

There are a lot more factors than minimum wage that can affect job creation and employment rate.

But, ARTIFICIALLY increasing it to $15/hr can only hurt the economy.

Title: Re: North Dakota has minimum wage of $7.25/hr
Post by: StreetSoldier4U on March 05, 2014, 12:00:27 PM

Quote from: dario73 on March 05, 2014, 11:52:50 AM

There are a lot more factors than minimum wage that can affect job creation and employment rate.

But, ARTIFICIALLY increasing it to $15/hr can only hurt the economy.

Mostly it will hurt small businesses that aren't large enough to outsource labor costs.

Title: Re: North Dakota has minimum wage of $7.25/hr
Post by: blacken700 on March 05, 2014, 12:06:10 PM

$7.25 minimum wage has nothing to do with the low unemployment but if thinking that makes you happy have at it  :D