Would killing the minimum wage help?
Would killing the minimum wage help?
- July 1, 2011
- Research by David Neumark, economics professor, is quoted in Bloomberg Businessweek June 30, 2011
-----
From Bloomberg Businessweek:
In a 2009 blog post, [Michele] Bachmann, a Minnesota congresswoman, cited research
by David Neumark, a University of California at Irvine economist, on the job-killing
effects of the minimum wage for teens and young adults. In a June 27 interview with
Bloomberg Businessweek, Neumark stood by those findings. He added, however, that “the
link between the federal minimum wage and employment for the lion’s share of workers
is irrelevant... It’s not even in the top 10 list of how to recover from the Great
Recession.” (The Bachmann campaign did not respond to an e-mail request for comment.)
For the full story, please visit http://www.businessweek.com/magazine/would-killing-the-minimum-wage-help....
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Related News Items
- Careet RightMoney is a relationship, not just a currency
- Careet RightHonoring excellence in leadership
- Careet RightHouse approves Rep. Robert Garcia's bill making major changes to loose change
- Careet RightCorrectional facility: A response to Jonathan Basile's 'Natural Election'
- Careet RightDuffy named president-elect of Society for Experimental Finance