The current US unemployment rate is 3.5% which is near all time historical lows.
Virtually no one is unemployed in the US because of the combination of international trade and minimum wage laws.
Virtually no one is unemployed in the US because of the combination of international trade and minimum wage laws.
- Wage growth over time - Health outcomes - Savings rate - Credit card debt rate - Feelings about the future (are we on the right track/wrong track?)
The stats you mention are interesting but not relevant to OPs assertion that a wage floor in developed nations was problematic in a free trade world.