$15 minimum wage follies in California and New York
$15 minimum wage follies in California and New York
- April 8, 2016
- David Neumark, economics Chancellor’s Professor, on minimum wage on Reason.com, April 8, 2016
-----
In December 2015, the University of California, Irvine economist David Neumark undertook
a comprehensive review of minimum wage studies for the San Francisco Federal Reserve
Bank. He concluded that "current minimum wages have directly reduced the number of
jobs nationally by about 100,000 to 200,000" from what they would otherwise have been.
For the full story, please visit http://reason.com/archives/2016/04/08/15-minimum-wage-follies-in-california-an.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Careet RightRaising the minimum wage actually increases racial disparities
- Careet RightHeadquarters are leaving CA. What does this mean for our economy?
- Careet RightExperts answer: Are headquarters really fleeing California?
- Careet RightHigh-profile companies moving out of California
- Careet RightExempting tips from taxes could hurt employees, critics say