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South Africa faces one of the world's highest unemployment rates, a persistent challenge demanding urgent solutions. In "The Mess of Minimum Wage (Part 2)," we dive into how Minimum Wage Laws (MWLs) might be a major contributor to this joblessness. Do these laws truly help workers, or do they inadvertently price people out of jobs, leading to increased automation and fewer opportunities? We explore common arguments for MWLs and uncover the unforeseen consequences that impact entire communities.
By Paul Schlehlein5
99 ratings
South Africa faces one of the world's highest unemployment rates, a persistent challenge demanding urgent solutions. In "The Mess of Minimum Wage (Part 2)," we dive into how Minimum Wage Laws (MWLs) might be a major contributor to this joblessness. Do these laws truly help workers, or do they inadvertently price people out of jobs, leading to increased automation and fewer opportunities? We explore common arguments for MWLs and uncover the unforeseen consequences that impact entire communities.

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