From the U-T San Diego:
This sparked a rush of new research, which bolstered previous findings that rising minimums cause unemployment. “That doesn’t mean we shouldn’t do it; it means we should think about the trade-offs,” said David Neumark, a UC Irvine economist who co-authored a comprehensive review of such research in 2007. Even if society decided that a “living wage” was worth tossing thousands of low-wage earners out of work, that doesn’t necessarily equate to greater social justice. About one third of minimum-wage workers live in households that earn $50,000 a year or more, Neumark says.

For the full story, please visit http://www.utsandiego.com/news/2013/dec/03/minimum-wage-protest-bad-resu....

 

© UC Irvine School of Social Sciences - 3151 Social Sciences Plaza, Irvine, CA 92697-5100 - 949.824.2766