From the National Review:
Research by economists David Neumark of the University of California, Irvine, William Wascher of the Federal Reserve Board, and Mark Schweitzer of the Cleveland Fed shows that minimum-wage policies can increase poverty (PDF), so poverty reduction certainly shouldn’t be expected as a benefit of raising the minimum wage. That’s because while a minimum-wage increase raises the wages of some people, it also reduces employment of young, low-skilled people.

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