People believe that increasing the minimum wage will reduce poverty and improve the living standards of the individuals. Undoubtedly, increasing the minimum wage will give an opportunity to individuals to earn more money and fight the rising costs of inflation. A study shows that "a couple with two children would have to work a combined 3.3 full-time minimum wage jobs to make ends meet", which is next to impossible. (Sklar). In today 's society it is almost impossible to get by in America by having only one mini...
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... the minimum wage will take off all the benefits a young adult can take advantage of while being in high school or college to prepare for their future.
Therefore, even though the people believe that increasing the minimum wage will help the individuals, they tend to overlook the negative consequences of doing so, as increasing the minimum wage will increase unemployment, encourage teens to drop out, and will raise the level of inflation. Raising the minimum wage will prove to be detrimental as it will take away opportunities from high school students to gain insight and explore different career options. Additionally, it will also reduce the unemployment rate, making it harder for the working poor to meet their basic needs in order to survive. Thereby, raising the minimum wage is not a feasible option because it will only deteriorate situations for the labor force.
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