About minimum wage

[abaris]

Perhaps an example would be in order?  Some segment, which, if it were not able to source labor at the current minimum, would have to close their doors?

There are a few branches where the margins are pretty low. That in itself doesn't say anything on profitability. The secret lies in units being sold, if we're talking about retail in any shape or form.

I guess it can be problematic for small corner delis or the good old general goods store on the corner. However there are numerous loopholes for these businesses to evade minimum wages entirely. Such as only offering part time employment.