Assertion: equilibrium wage | /r/HasProperty | high
Facets:
value: in higher skill labor markets
type: LOCATION
value: for a change in minimum wage
type: OTHER
value: to affect employment
type: PURPOSE
Source sentences:
text: An imposition or increase of a minimum wage will generally only affect employment in the low-skill labor market, as the equilibrium wage is already at or below the minimum wage, whereas in higher skill labor markets the equilibrium wage is too high for a change in minimum wage to affect employment.