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Minimum Wage: Disadvantaged Youth Are Crucial Issue
By Bill Conerly, Apr. 5, 2015, Forbes.comWhat the minimum wage means for disadvantaged youth should be the central question of this controversial topic. Plenty of middle and upper class teenagers take their first jobs at the minimum wage, working part-time or summers. I don’t much care whether they make five dollars an hour or ten or fifteen.
They’ll be fine. There are also some older people working at low-skilled jobs.
A higher minimum wage doesn’t really solve their problem, which is low skills. However, many people parlay on-the-job learning into higher-paying jobs. Combine that with some more education and these folks should be all right.
Disadvantaged teenagers and youth in their early 20s concern me, however. For them, the minimum wage is a big issue.
Read the full story: www.forbes.com
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