From Marketplace:
David Neumark is an economist at the University of California, Irvine. "There are very few cases that I’m aware of in modern history of either living wages or minimum wages being repealed," Neumark says. "My guess is these companies will be able to pay slightly lower wages. They’ll probably have somewhat more employees – somewhat more jobs, at somewhat lower wages."

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http://www.marketplace.org/topics/wealth-poverty/irvine-gets-rid-citys-living-wage

 

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