Alexander: Making hiring more expensive “hurts the people we want to help”
- March 14, 2013
- A study by David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is featured by the U.S. Senate Committee on Health Education Labor & Pensions March 14, 2013
From the U.S. Senate:
The unemployment rate for teenagers today is more than 25 percent. For African-American teens, it is even higher, at more than 43 percent. Alexander cited a study by economists at the University of California-Irvine and the Federal Reserve who surveyed more than 100 major academic studies on the impact of minimum wage and determined that 85 percent found a negative employment effect on low-skilled workers.
For the full story, please visit http://www.help.senate.gov/newsroom/press/release/?id=8227951b-bd03-4328....
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