What is the most effective way to address the counterclaim? The Economic Policy Institute shows that raising the minimum wage will grow the economy so that actually there will be one hundred thousand new jobs. In fact, the research shows that the poorest workers will suffer the most because their jobs are the most likely to be eliminated by employers. While struggling to get by on minimum wage can be challenging, think about how it would feel to lose your job and not have any income at all. Meanwhile, more than 70% of the people affected by a minimum wage change will be families who make less than $60,000 in a year.