L.A. small-business owners weigh both sides of a wage hike
L.A. small-business owners weigh both sides of a wage hike
- September 22, 2014
- David Neumark, economics Chancellor’s Professor, is quoted in the Los Angeles Times September 22, 2014
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From the LA Times:
David Neumark, director of the Center for Economics & Public Policy at UC Irvine,
has consistently found correlations between higher minimum wages and declines in employment
by comparing states with differing minimum wage laws. He agrees that there may be
lower turnover after raising wages, but argues that "there's no evidence it fully
offsets for the price increase."
For the full story, please visit http://www.latimes.com/business/la-fi-small-business-minimum-wage-201409....
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