Show Wages and Jobs Minimum wage laws result in partial and temporary benefits for a few and I a range long hardship for the many according to Professor Yale Brozen of the University sity of of Chicago Professor Brozen's paper states that employers can can- cannot cannot not afford to pay a worker if his skills are worth only This is a sure way to go broke thereby result lag ing in the loss of all jobs in the affected firms The low wage workers whose skills do not justify the new mini mum are liable to be cut loose The rising wage floor reo re- suits in unemployment for people who have the most need for gainful work among them the physically and mentally handicapped The Tho employment figures from 1954 to 1967 indicate the American economy grew substantially that the unemployment me ment t rate went down from 55 per cent to 38 per per cent but the statutory minimum wage Increased from 75 cents an hour to an hour and the unemployment among the white nonwhite teenagers teen went up from percent to per percent percent cent The clear results of the minimum wage he concludes is that such stich groups as unskilled teen teen-agers women over 45 Negroes and people living In economically handicapped sections of the country lose one set of jobs and then are forced to take lower wage employment in non covered occupations or remain unemployed I Letus LeLus hope that Congress takes a good look at t sor rozen's Brozen's findings before it considers still higher min wage rates and throws still more more people out of work |