Economy & taxation

Does a minimum wage destroy jobs?

The test question and the possible answers

A higher minimum wage destroys jobs.

What's at stake: The disagreement is not about having a minimum wage, but about the level at which it stops protecting and starts costing jobs.

The left's argument

Moderate increases cost few jobs, and better wages support demand in the economy.

The centre's argument

Raise it gradually, in line with productivity, without shutting out the low-skilled.

The right's argument

Set too high, it prevents job creation, and young low-skilled workers pay the price.

And you, where do you stand?

Answer 30 situations like this one and find out where you stand, topic by topic.

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