U.S. unemployment rate hits a five-year high

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DAM GOOD POINT! i cant believe i forgot about that. Dumbest dam idea ever!

rep returned hell they could have read about it on Wikipedia here i will help

Unemployment increases the more the government intervenes into the economy to try to improve the rights of those with jobs. For example, minimum wages raise the cost of labour to above the market equilibrium, resulting in people who wish to work at the going rate but cannot as the wages are higher than their worth to business; unemployment.[8][9] Laws restricting layoffs make businesses less likely to hire in the first place leaving many young people unemployed and unable to find work.[9]

and more

A 2000 survey by Dan Fuller and Doris Geide-Stevenson reports that of a sample of 308 American Economic Association economists, 45.6% fully agreed with the statement, "a minimum wage increases unemployment among young and unskilled workers", 27.9% agreed with provisos, and 26.5% disagreed. The authors of this study also reweighted data from a 1990 sample to show that at that time 62.4% of academic economists agreed with the statement above, while 19.5% agreed with provisos and 17.5% disagreed.[31]

so yeah that is also why mcdonalds dont have a dollar double cheese burger anymore... they have a double hamburger....hell it is a never ending cycle.... minimum wage still has a dollar to go the new law raises it to 7.25 but they did a gradual raise but doin 45 cents first and next year a 1.25 increase .. hell i live alone and i am 23 w/ only a high school education but i got a great job.... i believe you should be paid on how valuable you are to a company not on what the government thinks you should get paid