California’s latest move to sabotage its low-wage workers
California’s latest move to sabotage its low-wage workers
- March 30, 2016
- Research by David Neumark, economics Chancellor’s Professor, is featured by the National Review March 30, 2016
From the National Review:
Research by economists David Neumark of the University of California, Irvine, William
Wascher of the Federal Reserve Board, and Mark Schweitzer of the Cleveland Fed shows
that minimum-wage policies can increase poverty (PDF), so poverty reduction certainly
shouldn’t be expected as a benefit of raising the minimum wage. That’s because while
a minimum-wage increase raises the wages of some people, it also reduces employment
of young, low-skilled people.
For the full story, please visit http://www.nationalreview.com/corner/433459/california-15-minimum-wage-hike-sure-hurt-workers.
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