Fact checker: Do minimum wage hikes help the poor?
- November 11, 2014
- Research by David Neumark, economics Chancellor’s Professor, is featured in the Reno Gazette-Journal Nov. 11, 2014
From the Reno Gazette-Journal:
"Employment aside, only 18 percent of the earnings benefits of a $10.10 hike would flow to people living below the poverty line, according to analysis from University of California, Irvine economist David Neumark. Nearly 30 percent of the benefits would go to families three times above the poverty line or higher, in part because half of America's poor families have no wage earners.
For the full story, please visit http://www.rgj.com/story/news/politics/2014/11/11/fact-checker-minimum-wage-hikes-help-poor/18625041/.