Not necessarily. The accompanying effects (things like the impact on the standard of living, cumulative expenses for the employer) may actually make their situation worse. If their employer must have the role fulfilled, then their costs increase which means decisions such as raising the price of the good/service, reducing operational costs (lower quality, or fewer workers), outsourcing, etc.

I'm all for people being paid a fair wage, but just think that a solution that focuses on one symptom may only make things worse. I think that the real problem is that, for the most part, the economy is so sick that decision-makers are either too afraid or too incapable of doing a proper RCA and triage of the problem. It feels like we've been treating symptoms and not the problem(s).