The sharp divide over raising the minimum wage
The sharp divide over raising the minimum wage
- January 29, 2014
- Research by David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is featured in The Fiscal Times and Yahoo! News January 29, 2014
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From The Fiscal Times:
President Obama’s call Tuesday night for raising the federal minimum wage by 40 percent
to help lift millions of Americans out of poverty rekindled a long-standing debate
over the economic benefits and risks of raising the floor on wages for the lowest-paying
jobs…The University of California, Irvine’s David Neumark and William Wauscher of
the Federal Reserve Board conducted a literature review in 2007 that found a majority
of studies pointing to negative effects on employment – particularly among low-skilled
workers.
For the full story, please visit http://www.thefiscaltimes.com/Articles/2014/01/29/Sharp-Divide-Over-Rais....
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