Please provide a positive evaluation of the information in the paragraph(s) below. Add any additional information if you wish.

Please provide two or three sources if you choose.

The US minimum wage policy, which requires the lowest-paid employees to earn $7.25 per hour, has been effective in improving financial stability and providing employees with a sense of value for their work. The policy ensures that employers only employ the number of employees they can pay for available roles, reducing unemployment. However, it may also create unemployment. The policy is ethical, meeting both social and political feasibility, preventing exploitation by those with stronger bargaining power and ensuring fair wages based on job performance.

It has successfully united political viewpoints to fight poverty. The social aspect of the policy improves the lives of employed people, but it could also pose negative impacts, such as increasing unemployment and threatening economically depressed regions, teenagers, and unskilled laborers. The policy improves fairness by working against unfair labor market transactions, which often take advantage of vulnerable individuals despite low wages. Therefore, understanding and addressing these social impacts is crucial.