Low-income workers caught in middle of debate over minimum wage
Low-income workers caught in middle of debate over minimum wage
- December 11, 2013
- David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is quoted by CNN December 11, 2013
From CNN:
"In general prices go up, people buy a little less and therefore firms use a little
less labor," said David Neumark of the Center for Economics & Public Policy at the
University of California, Irvine. "You are better off if you earn a higher wage, clearly,
but weigh that with the likelihood that your employer is going to make due with fewer
workers and you might be one of those workers."
Original link to CNN unavailable. Instead see http://www.live5news.com/story/24194290/low-income-workers-caught-in-mid....
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