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[-] Saik0Shinigami@lemmy.saik0.com 2 points 9 months ago

unemployment has gone down. And if the raise in minimum wage is the reason you have to close your business

... Or the complete opposite. Now that there's increased costs to paying workers, you raise prices to cover that. And because you've raised prices people who were okay living before "jobless" could no longer live comfortably and now have to return to the workplace to make money to make up the difference in costs.

this post was submitted on 14 Feb 2024
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