That’s fine just as long as the company is not replacing paid workers with unpaid interns. That’s actually illegal already in some states.
And minimum wage is too high? What do you think it should be?
Minimum wage should NOT be a “living wage”...it creates a situation where adults are competing for jobs with high school and college kids who can work for less (and should). It’s an artificial rate. Not to mention all the gov’t intervention which has cut students totally out of work (safety, work hours, type of work, etc.)
Anyone arrogant enough to think that he or she knows better than the market what wages should be doesn't have an economic clue. When the Pelosi/Reid congress of 2007 achieved its singular accomplishment of Bush's lame duck term by forcing through an increase in minimum wage, everybody with any understanding of economics knew that unemployment would start increasing, and that it would hit unskilled workers - especially teens and minorities - hardest. Whenever the minimum wage exceeds the market wage for unskilled, entry-level "minimum-wage" type work, unemployment rates in those areas will go up. It is as predictable as the sun rising in the east each morning.
Huh, now that's interesting. This is basically what the school district I interned at (unpaid) was doing. Eliminated one office job and fills it with a continuous supply of interns.