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Actually, the minimum wage helps to protect both the worker and the employer. The minimum wage acts as a guideline for the employer so he can assess what other employers are paying for unskilled work. As the complexity of the job tasks increase, the employer can raise the remuneration in order to retain the more experienced workers.

The minimum wage aides the unskilled worker in that it helps to protect him from employer exploitation.

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Q: Are minimum wages necessary to protect the interests of the employee or the employer?
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