The article discusses how raising the minimum wage can impact unemployment and informal employment. It shows that increasing the minimum wage can lead to more unemployment and informal jobs, which can hurt businesses and productivity. The effects of minimum wage increases on unemployment are not clear and depend on the labor market and how well the minimum wage laws are followed. In countries with a lot of informal jobs, raising the minimum wage can lead to more informal employment. Businesses have ways to handle higher labor costs, but in emerging economies, they may not always choose the best options, which can affect their productivity and the job market.