why raising minimum wage is bad for the economy?

why raising minimum wage is bad for the economy?
Adding a federally mandated cost in the form of increased minimum wage would lead to longer unemployment, reduced work hours or hiring, and increased layoffs for low-wage workers as businesses balance reduced revenues and increased costs.
Is minimum wage bad for the economy?
“ Minimum wage hikes not only fail to boost the economy, but can actually have a negative effect on businesses in certain industries.” Dr. Sabia's research has important implications, especially in states that have a history of considering wage increase legislation or aggressively raising their minimum wage.
Full answer in: epionline.org
What impact does minimum wage have on the economy?
Annex 5: Minimum wages and labour productivity
Recent studies have shown that minimum wages not only help to reduce wage dispersion and to channel productivity gains into higher wages, but they also can contribute to higher labour productivity – both at the enterprise level and at the aggregate economy -wide level.
Full answer in: www.ilo.org