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It appears that I might be the first person responding from the point of view of the employer rather than as a student...
A minor may help in that it tells me of an area of interest and study in addition to your declared major. It does not tell me you are competent in that area. However, to be fair, neither does a major tell about competence. In general, I have noted a poor correlation between academic achievement and competence.
By poor correlation I do not mean negative correlation, or no correlation; just an unreliable correlation.
Excellent academic performance does tell me that you are probably smart and know how to work hard, but does not tell me that you are competent in management, or accounting, or programming, or whatever. Conversely, poor grades may mean you are lazy, or not particularly intelligent, but perhaps may mean you were a poor student for other reasons that do not carry over into the workplace. I know many people who did not do well in school but are excellent employees. I can point to quite a few who did very well academically but were utter flops in the workplace.
If the only thing I have to judge you by is your academic record, then a good academic record is important, and one with some diversity is preferable. However, if someone has verifiable success in the workplace they are preferable to someone with good academics, regardless.
And as someone already said, what you learn is way more important than the grades. While school does not in itself make you competent in the workplace, it does teach you things that you can use to become competent. If you are interested, take the minor. Or if it's easy to add, go for it - it may open a door.
Don’t view this as a bad for those just getting out of school; View it as a proof you can always improve your desirability. After all, you are only in this position once, at most, but you will always have a work history.
It’s also a good reason to work some while you are in school.
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