Yet they think raising the minimum wage will increase the demand for low skill workers, they think wage and price controls will reduce demand and increase supply, they think capping surge pricing will increase supply and reduce demand, on and on the hypocrisy goes.
Wrong. They argue that by raising the minimum wage, we lower the amount of corporate subsidy in the form of welfare and medicaid. If they pay their employees a livable wage, we as taxpayers wouldn't be spending as much government money to make up for the difference. The idea they proposed was not to reduce the total unemployment, but instead the number of under-employed workers.
The money not spent on subsidizing the living standards of the minimum wage could (in theory) be used to subsidize new jobs by redirecting that money into actual job creation in the form of subsidizing job training and education or helping with start up costs for industry that serves the nation's long-term strategic interests.