Quote:Under this logic, would it not make sense that for unskilled workers the wages will never increase because the workers available for those jobs are never in short supply? Therefore making it an employer's market able to pay as low as they can, including less then current minimum wage if several people here had their way?

Correct low skill wages will always be the economic floor. The problem isn't the remedial pay for this work it's the fact that the next rung on the economic ladder is missing. The economy would be fine if cart pushers, burger flippers and cashiers only made $5 an hour if they're was more work for them to advance to. When people get stuck in low skill jobs as a means to support themselves is when the system fails.


Just look at how the wages for median income where at The highest during the greatest participation workforce rate. More people working means more commerce creating more demand for more work. The more work and demand for more services are the next steps up on the economic ladder.

---