“Labour MP clueless on minimum wage price tag”

The Herald reports:

Labour MP David Clark has admitted he doesn’t know how much it will cost employers if the minimum wage is raised to $15 an hour, despite sponsoring a bill to do just that.

Of course not. Why worry about the cost!

I supported the Mondayisation bill as the impact on wages was minimal – around 0.2%, and it was standardising the practice of Mondayisation. An 11% increase in the minimum wage though is exponentially larger, and is calculated to cost around 6,000 jobs. That is too much in one go.

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