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.

For the full story, please visit http://news.heartland.org/newspaper-article/2014/10/21/fight-over-minimum-wage-hikes-small-businesses-get-trampled.

 

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