From Real Clear Markets:
Only three percent of American workers earn the minimum wage. The other 97 percent make more, not because of government regulation, but because that is the only way that employers can persuade them to stay…. University of California, Irvine professor David Neumark, in a paper forthcoming in the Industrial and Labor Relations Review, writes that the strongest evidence linking unemployment to increases in the minimum wage comes from teenagers and other low-skill groups, without regard to industry.

For the full story, please visit http://www.realclearmarkets.com/articles/2014/03/25/raise_your_states_mi....
 

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