From Heartland:
In 1995, University of California, Irvine economics professor David Neumark and Federal Reserve governor William Wascher analyzed payroll records of fast-food restaurants in New Jersey counties …. Neumark and Wascher found confirmation of the common wisdom that increasing the cost of entry-level labor results in increased unemployment, and forces entry-level workers …. to seek employment in other geographic areas with fewer market distortions.

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