[breerly]

Yes and no.

This will force companies to hire more employees, true, but at the cost of a much smaller overall workforce. Remember that cost is a constraint for businesses.

Depends what is more valuable from a human + capitalism perspective, fewer work opportunities that pay better or more competition and “starter/flexible” work overall.

[bryanlarsen]

> but at the cost of a much smaller overall workforce.

That's what people predict about minimum wage increases too. Yet the effect has always been smaller than predicted, sometimes even non-existent.