According to the Congressional Budget Office(CBO)
Raising the Minimum Wage to $15 per hour will raise the pay of 17 million workers who would otherwise earn less than $15 per hour. However 1.3 million workers would become Jobless. There is a two thirds chance that employment could decrease by as many as 3.7 million jobs.
That is saying that for every 13 people getting a raise in pay one is going to loose their job.
It also says that there is a chance that there will be 3.7 million jobs available by 2025 for job seekers to find.
So here is your assignment for tomorrow. If you work with a group of people or know a group of people who earn less than $15 per hour, get 14 of them together, tell them what you just read. Then tell them that they can make it easy on the boss, and give a friend a head start. They should pick who should go, and give them a head start finding another job, if they do it today, then they will not have to hunt in a job market with fewer jobs available. Then because the remaining 13 are going to get a raise, give your buddy a going away party.
CBO Report:
Then take a look at: