Showing posts with label increasing minimum wage. Show all posts
Showing posts with label increasing minimum wage. Show all posts
Tuesday, November 2, 2010
Minimum wage and job loss
Does an increase in the minimum wage cause a reduction of minimum wage jobs? In the past some studies suggested there is a job loss associated with increases in the minimum wage. But a new study, reported here, using comparisons between counties in different states with different minimum wages suggests neither short term nor long term negative effects on jobs occur as a result of increases in minimum wage requirements. Video here
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