The New Zealand Labour Party is one of many parties on the Left and Right that support youth wage subsidies as a way of making it cheaper for employers to hire teenagers. The rationale is if you make it cheaper to hire teenagers, employers will hire more of them.

New Zealand Labour Party is one of many parties on the Left and occasionally on the Right that supports a youth minimum wage

Supporters of youth minimum wages do not believe that making teenagers more expensive to hire will harm their employment prospects.

Indeed, it is even argued that a higher minimum wage will increase the employment of teenagers and adults.
Minimum wages are supported because the price of labour doesn’t matter that much to the employment prospects of teenagers and adults.
Wage subsidies is supported because the price of labour is important to the employment prospects of teenagers and adults.
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