Lower wages = Lower unemployment benefits

[Baalzamon]

Kasz216 said:

scottie said:

As an addependum to the whole 'getting your facts right when trolling' thing, your entire premise is incorrect.

 

There is no correlation between lack of a fair minimum wage and employment rate.

                                                                                  Unemployment rate (%)

Zimbabwe	95.0	2009 (June)[130]
Nauru	90.0	2004[3]
Liberia	85.0;[77] 88% among young Liberians[78]	2009 (July)
Vanuatu	78.21	1999[124]
Turkmenistan	70.0	2008 (November)[117]
Cocos (Keeling) Islands (Australia)	60.0	2000[3]
Mozambique	60.0	2009
Tajikistan	60.0	2008 (August)[112]
Djibouti	59.0	2007[3]
Namibia	51.2	2008[3

 

Zimbabwe has no minimum wage

Naura has no minimum wage

Liberia (minimum wage 20 US cents/hour)

I could go on, but there is no point, you and I both know that your argument is bogus.

 

Fact is, minimum wage and unemployment benefits give people disposable income, which they spend on products and services. In order to sell these products and provide these services, more people need to be employed, reducing unemployment. Unions and minimum wage are required to reduce unemployment.

Let's raise Zimbabwe's minimum wage to 15.50 USD.

Lets see how much better employment gets...

This is the silliest use of statistics i've seen in a while, i can only hope your not being serious.

I'm pretty sure he's being totally serious, but if you simply look at the original thread and compare it to his statistics, it points out how blatantly incorrect the original post is, as some of those African countries he referred to as having lower minimum wage and lower unemployment isn't always correct.