L.A. wage hikes spark fierce debate
- October 24, 2014
- Research by David Neumark, economics Chancellor’s Professor, is featured in the Los Angeles Times Oct. 24, 2014
From the LA Times:
David Neumark, director of the Center for Economics & Public Policy at UC Irvine … Neumark's research, focusing on teenagers, has pointed to job losses of 1 percent to 2 percent for every 10 percent increase in the minimum wage. In the case of Los Angeles' minimum wage increase, that would equate to job losses of 3 percent to 6 percent for teenagers.
For the full story, please visit http://www.latimes.com/business/la-fi-minimum-wage-debates-20141025-story.html#page=1.