What a $15 minimum wage would mean for your city
What a $15 minimum wage would mean for your city
- August 12, 2015
- Research by David Neumark, economics Chancellor’s Professor, is featured in the New York Times Aug. 12, 2015
From the New York Times:
Michael Reich … said in a recent interview that it would be disingenuous to suggest
that the potential costs of raising the minimum could never outweigh the economic
benefits. “We don’t know at what point that kicks in,” he said. “We know that hasn’t
happened at 50 percent or 55 percent.” (Other minimum-wage scholars, like David Neumark
of the University of California, Irvine, believe this happens much sooner.)
For the full story, please visit http://www.nytimes.com/2015/08/13/upshot/what-a-15-minimum-wage-would-mean-for-your-city.html?src=twr&_r=0&abt=0002&abg=1.
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