That's not true at all for example Switzerlands minimum wage is not dictated at the federal level but its equivalent to 25 bucks an hour in Geneva. [1].
> There are jobs that are not feasible at certain wage levels. > It is self evident when you look at it.
That's not self evident at all. People still work at unskilled jobs countries like Switzerland or Australia. How do you think the cleaning and fast food industries work?
[1] https://www.businessinsider.com/switzerland-geneva-introduce...
You'll notice that when wages are artificially increased, unemployment rises. Which jobs do you think were destroyed? Which workers do you think were let go? It is self evident. When wages are raised by decree, some jobs and some people are priced out of a labor market. Just because there are still low skill jobs and low skilled workers does not mean there was not a reduction in those jobs.
Minimum wage doesn't increase the wages of the lowest tier of productivity.. It outlaws it.
Meanwhile politicians tell us that double digit unemployment is the new normal.
There are people that are not skilled enough to warrant certain minimum wage. There are jobs that are not feasible at certain wage levels. When you put a floor on what people can agree between themselves that their work is worth, you price people and jobs out of the market. It is self evident when you look at it.
Now, the problems we try to solve with minimum wages are real. Cartel formation of labor demand, coercive bargaining, these are real problems. Minimum wages solve them to a degree, hut not without a new set of problems.
Did you know Norway, Denmark, Sweden, Iceland and Switzerland have no minimum wage at all?