5-Minute Videos

Minimum Wage Cost Me My Job

Economics · Money · Small Business · Captions

About This Video

What happens when politicians decide they are in a better position than business owners to know how much workers should be paid? We don't have to guess. Cities like Seattle and New York have already done so with their $15/hour minimum wage mandates. Simone Barron, a lifelong restaurant worker, recounts how "helping" her impacted her wallet, her career, and her life.

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Standards Met in Ohio

  • 9-12.EFL.8Grades 9th, 10th, 11th, 12thEconomic policy decisions made by governments result in both intended and unintended consequences.
  • EFL.9-12.4.cGrades 9th, 10th, 11th, 12thIdentify an economic system.
  • EFL.9-12.8Grades 9th, 10th, 11th, 12thEconomic policy decisions made by governments result in both intended and unintended consequences.
  • SS.7.19.lp.dGrades 7thIdentify an example of a business economic decision.