Instead the minimum wage should be abolished and deflation should happen

@BaneOfThots

minimum wage cannot be too high definitely

would harm small businesses

Min wage shouldn't exist

Well I'm not too informed on this topic so tell me if I'm wrong

but if Minimum wage doesn't exist

Illegals will take any salary for the job as long s they live in the US

I mean they can now

they work for below the min wage

oh

ye

Honestly we need to deport all illegals

Waste of money, many of them are conservative, hard working people who desire to be American

Hey just wanted to say your graph is somewhat misleading

whos grAPH

Teen employment vs min wage

what about it

Conservatives check this out

https://www.youtube.com/watch?v=BeqLAFC8Pe0

0:56 its big proponent is Stewart (((Levi)))

Ok sorry so

yea

I think I might have to make a homemade graph for this

whats the reason @Leo (BillNyeLand)

The reason is that that minimum wage vs unemployment graph focuses on only one set of minimum wage increases, which was also accompanied by the onset of the largest recession since WWII

That definitely has the potential to affect teen employment adversely

Apologies, FREDGRAPH is being a pain

What do you mean "one set"

multiple wage increases took place

Yes, but in a short time

So this graph is the 3 times the difference between teen unemployment and overall unemployment plotted vs minimum wage, adjusted for inflation, over the past 50-ish years

As you can see, the spread depends more on recessions than rises in the minimum wage

I like your graph, where are the data sets from

More importantly, the days of the $10 (adjusted) min wage were not marked by hugely higher teen unemployment than the $7.25 of today

FredGraph

It's online economic data that I would hugely recommend for making your own graphs

You're gonna summon SId!

interesting, thanks

do you know if they have state level stats available or does the fed only publish national averages