What harm do minimum wages do?

Re:What harm do minimum wages do? by dragonwriter on Wednesday August 19, 2020 @04:31PM (#24215983)

> The minimum wage is why territories like Guam and Puerto Rico have the highest unemployment.

But...they don't, even though Guam, unlike several states, has a higher minimum wage than the Federal level.

https://en.m.wikipedia.org/wiki/List_of_U.S._states_and_terr...

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Re:What harm do minimum wages do? by chrischen on Wednesday August 19, 2020 @05:05PM (#24216469)

Guam’s minimum wage is on the low side, about $1 higher than the federal minimum.

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Re:What harm do minimum wages do? by dragonwriter on Wednesday August 19, 2020 @05:15PM (#24216617)

> Guam’s minimum wage is on the low side, about $1 higher than the federal minimum.

There are, if I counted right, 19 states and all other federal districts except DC and the Virgin Island at (well, below for American Samoa) the federal $7.25 level (American Samoa's level is also a federal level, but it's federally set lower than the rest of the US), and a few more states at the same level as Guam; so it's pretty close to the middle, not really much on the low side.

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Re:What harm do minimum wages do? by Aunche on Wednesday August 19, 2020 @05:48PM (#24217073)

I must have been thinking about another territory rather than Guam. It looks like unemployment was counted before the pandemic for the US territories and after the pandemic for states.

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