Minimum Wages vs. The Working Poor.

Paper Summary:

This study examines the potential effects of Canada's minimum wage policy and finds that, based on the available evidence, certain sectors of Canada's workforce have the potential of be being negatively affected by minimum wage policies. Increased unemployment among lower wage workers and increased poverty are the policy's most visible consequences. Here, critical look at the country's minimum wage policy is taken and its negative qualities are brought to the fore. In the final analysis, it is argued that minimum wage policy is something that should be carefully reconsidered, if not abolished outright.

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