Minimum Wage destroying jobs again. This time in Samoa

In reading and blogging about Samoans and Football I noticed an excerpt from the article, that is yet another example of minimum wage laws destroying jobs.

Football has never been more important to the island than right now, because this season there’s been more than the usual trouble in paradise. The island may lose its tuna industry. One cannery, Chicken of the Sea, has left. And because the U.S. Congress wanted to help Samoa by imposing American minimum wage, Governor Tulafono is worried that the last cannery, Starkist, could look to other shores.

Tulafono said that some economists have estimated that 80 percent of the Samoan economy is wrapped up in tuna canneries.

“Eighty percent of everything that goes on around here,” he stressed, “is dependent on the prescence of the canneries.”

And they just lost one of those canneries on Sept. 30.

“What does that mean to you?” Pelley asked.

“Devastation,” Tulafono sighed.

(Link)

UPDATE: There’s a video for this available. (H/T David Henderson)

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