Final answer:
To calculate the percentage of people who were paid the minimum wage or less, we need more specific data about the number of people receiving the minimum wage and the total population. The given information highlights the potential impact of a pay increase for 98% of minimum wage workers and job losses for 2% of them, with a focus on the societal consequences.
Step-by-step explanation:
The question asks about the percentage of people who were paid the minimum wage or less. To answer this question based on the given information, we need more specific data about the number of people receiving the minimum wage, as well as the total population. Without this information, it is not possible to calculate the exact percentage.
Furthermore, the given information discusses the potential societal impact of a pay increase for 98% of minimum wage workers and job losses for 2% of them. It suggests that the gains for society as a whole may not necessarily outweigh the losses, as job losses can have more significant repercussions, especially for those who are struggling to support their families.