From America Magazine:
William Wascher of the Federal Reserve Board, along with David Neumark and J. M. Ian Salas of the University of California, Irvine, have studied the impact of minimum wage hikes on employment … Earlier research by Neumark and Wascher had found that raising the minimum wage does result in fewer jobs available for the lowest-skilled workers as employers adjust.

For the full story, please visit http://americamagazine.org/issue/wage-watch.