Who really makes the minimum wage?
Who really makes the minimum wage?
- April 13, 2011
- A study by David Neumark, economics professor and Center for Economics & Public Policy director, is feautred in the Northwest Indiana Times April 13, 2011
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From the Northwest Indiana Times:
Indiana and Illinois share a border, but the similarities between the two end there.While
the Illinois Legislature considers taxes and mandates, Indiana's has focused on making
the state more business-friendly. For instance, legislators in Springfield have tried
to raise Illinois' minimum wage to $10 an hour or more; in Indianapolis, legislation
has advanced that would prohibit individual cities and counties from mandating a minimum
higher than the state level.... The data back this up: A survey of two decades of
research on the subject by David Neumark (University of California, Irvine) and William
Wascher (Federal Reserve Board) found that 85 percent of the best studies agreed that
minimum wage increases cost some low-skilled workers their jobs.
For the full story, please visit http://www.nwitimes.com/news/opinion/guest-commentary/article_f4c6a8a0-3...
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