>How many businesses do you think are carrying an excess of employees at the moment just because the wages are cheap?
More then you think. Increased insurance costs has done more to get rid of excess employees then minimum wage will.
>It is only those jobs that can be offshored
No, not only. Now that costs increase it makes more sense for the employer to take a harder look at replacing parts of the employment chain with software or automation. Where at one point employes kept people around for their flexibility it tips more in favor of machines (software or hardware) for there efficiency.
More then you think. Increased insurance costs has done more to get rid of excess employees then minimum wage will.
>It is only those jobs that can be offshored
No, not only. Now that costs increase it makes more sense for the employer to take a harder look at replacing parts of the employment chain with software or automation. Where at one point employes kept people around for their flexibility it tips more in favor of machines (software or hardware) for there efficiency.