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The Push for a Higher Minimum Wage Could Go Bad

The Push for a Higher Minimum Wage Could Go Bad

Be careful what you wish for.  Numbers show a higher minimum wage could wind up hurting those working in that job sector.  Texas economist Ray Perryman says those jobs have historically been for teens, retirees and part-timers.

 

“A major increase in the minimum wage,” Perryman says, “will cause a lot of the jobs for that sector to go away.”

 

David Rawles is president of Texas-based Career Solutions.  He agrees:  “Particularly for the less-skilled, the younger workers, jobs seem to disappear, at least in the short term, every time we do this.”

 

Rawles says, “To think that people need to be able to find a minimum wage job, and then find all the support they need to raise a family of three -- that just isn't going to happen.”

 

The federal minimum wage hasn't been increased since 2007.

 

Perryman says he feels for those depending on minimum wage jobs, but the low-productivity positions were never supposed to be used to support a family.

 

“Historically, minimum wage jobs have been for teenagers,” he says, “for retirees, for part time workers, rarely for bread-winners.”

 

 

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