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SUMMER SCHOOL 5: Car Parts, Celery & The Labor Market
Planet Money
The Controversial Topic of Minimum Wage in South Africa
The speaker is discussing a controversial topic related to labor economics, specifically the minimum wage in South Africa./nThe speaker recalls a woman at a press conference advocating for a reduction in the minimum wage in order to increase employment and provide more job opportunities./nThe speaker argues that in a country with high unemployment rates and low levels of education and skill, raising the minimum wage can lead to further job loss./nThe debate around minimum wage remains a divisive issue in economics and politics.
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