California, New York to raise minimum wages to $15 an hour (Audio)
California, New York to raise minimum wages to $15 an hour (Audio)
- April 1, 2016
- David Neumark, economics Chancellor’s Professor, on minimum wage, courtesy of NPR April 1, 2016
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From NPR:
But it's not clear how increases at the state level would impact jobs and the rest
of the economy. … Still, economists like David Neumark at the University of California,
Irvine, do have their guesses based on past research. David Neumark: You get some
job loss, and you don't do much for poverty on net. … Some people do better; some
people do worse, but there's not a big reduction in poverty.
For the full story, please visit http://www.npr.org/2016/04/01/472716122/california-new-york-to-raise-minimum-wages-to-15-an-hour.
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