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The real minimum wage is zero.

Thomas Sowell

Thomas Sowell

MinimumMinimum WageRealWageZero

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Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Making it illegal to pay less than a given amount does not make a worker’s productivity worth that amount—and, if it is not, that worker is unlikely to be employed.
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Raising the minimum wage isn't just pro-worker; it's pro-economic growth.
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The minimum wage should be a living wage.
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The value of the minimum wage shouldn't be eroded, and it has been.
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A minimum wage leads to higher levels of unemployment.
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