Minimum wage, maximum damage
- October 27, 2014
- Research by David Neumark, economics Chancellor’s Professor, is featured by the Washington Examiner Oct. 27, 2014
From the Examiner:
In 2007, David Neumark of the University of California-Irvine and William Wascher of the Federal Reserve surveyed over 100 minimum wage studies published since the early 1990s. They discovered that over two-thirds of them found negative effects on employment, while only about an eighth found positive effects. Worse, those studies that focused on the low-skilled people including youths found particularly bad damage done.
For the full story, please visit http://www.washingtonexaminer.com/minimum-wage-maximum-damage/article/2555135.