Decreasing the minimum wage
Decreasing the minimum wage
- November 17, 2009
- David Neumark, economics professor, is quoted in Parade Magazine November 15, 2009
-----
From Parade:
But some economists say that the minimum wage actually hurts the poor. “There’s a lot of evidence that the minimum wage reduces the employment of low-skilled workers,” says David Neumark, an economist at UC Irvine. “This shouldn’t be surprising. If we raise the price of gas, people use less gas. If we raise taxes on cigarettes, fewer people smoke.”
For the full story, please visit http://www.parade.com/news/intelligence-report/archive/091115-decreasing....
-----
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 RightNotes from a future professor
- Careet RightCan Opportunity Zones ever meet their poverty-fighting promise?
- Careet RightFei Yuan named one of ten global China Times Young Scholar Fellows
- Careet Right'Wired for Words: The Neural Architecture of Language,' an excerpt
- Careet RightEveryone's looking for a partner who has these 3 traits, according to research