Minimum wage levels become the floor and wages can not fall below the floor price. In the first two Minimum wage graphs a study that was done in New Jersey to show the effects of a minimum wage increase in employment. One of the main arguments against increasing minimum wage is that it would cause an increase in job loss...
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One of the main arguments against increasing minimum wage is that it would cause an increase in job loss. The graphs show that there was not a huge difference in employment when New Jersey after they increased minimum wage from $4.25 to $5.00. The third graph shows that employment in New Jersey was more stable than Pennsylvania over a longer period of times...
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