Apone
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I think minimum wage can only be classified as exploitation if you are forced to work for those wages against your will.
If you agree to work for those wages, how is it exploitation?
Exploitation is using an unfair situation to your own advantage... and I don't think there's any argument that we need jobs in order to survive and the jobs that are available aren't enough/the best.
On the other hand, someone has already said that a lot of minimum wage jobs were never designed to be prestigious or provide great lives for people... I don't think that there have ever been non-management retail employees who have prospered in life, because what they're doing doesn't demand any kind of specialization or talent.
The problem probably isn't that people are being exploited at the jobs they have, it's that there aren't enough opportunities to get the kinds of jobs that are of real value to society.