Here are potential winners, and losers, from California’s minimum wage hikes
Here are potential winners, and losers, from California’s minimum wage hikes
- May 8, 2016
- David Neumark, economics Chancellor’s Professor, in the Pasadena Star-News on job loss created by minimum wage hike
David Neumark, a UC Irvine professor, agreed that some job losses will occur. “I think the research evidence is overwhelming that a higher minimum wage causes some job loss for low-skilled workers,” he said via email. “I can say that it is very hard to find evidence that a higher minimum wage reduces poverty or spending on social programs, so it’s hard to make an argument for clear gains for those with lower incomes.”
For the full story, please visit http://www.pasadenastarnews.com/social-affairs/20160507/here-are-potential-winners-and-losers-from-californias-minimum-wage-hikes?source=most_viewed.
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