$15-an-hour minimum wage in California? Plan has some worried
$15-an-hour minimum wage in California? Plan has some worried
- March 28, 2016
- David Neumark, economics Chancellor’s Professor, is quoted in The New York Times March 28, 2016
From The NYT:
“We just passed minimum wage laws in some cities: San Francisco is a high-wage one,
Los Angeles is not such a high-wage one,” said David Neumark, an economics professor
at the University of California, Irvine, who has done work suggesting that even relatively
moderate minimum wage increases can lead to a significant rise in unemployment. “Given
that there’s some risk of adverse effects, possibly bad effects, let’s do a little
study and see what happens.”
For the full story, please visit http://www.nytimes.com/2016/03/29/business/economy/15-hour-minimum-wage-in-california-plan-has-some-worried.html?_r=0.
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