Most Doubt Trading as Many as 3.7 Million Lost Jobs for $15 Minimum Wage Is Smart Deal

Sen. Bernie Sanders (I-Vt.) speaks during an event to introduce the Raise The Wage Act in the Rayburn Room at the U.S. Capitol in Washington on Jan. 16, 2019. Chip Somodevilla/Getty Images

Fifty-four percent of respondents to a nationwide survey don’t think increasing the federal minimum wage to $15 by 2025 is worth the potential loss of as many as 3.7 million jobs that currently pay less than that.

Another 26 percent aren’t sure if the tradeoff would be a good one, while 20 percent of respondents support the idea, according to the results of the survey conducted by Rasmussen.com for the Job Creators Network Foundation (JCNF), a nonprofit advocacy group founded by Home Depot co-founder Bernie Marcus.