The evidence is piling up that higher minimum wages kill jobs
- December 15, 2015
- Research by David Neumark, economics Chancellor’s Professor, is featured in The Wall Street Journal Dec. 15, 2015
From the WSJ:
[David] Neumark, economics professor and director of the Center for Economics and Public Policy at the University of California, Irvine [writes]: Economists point to a crucial question: Will a higher minimum wage reduce the number of jobs for the country’s least skilled workers? President Obama says “there is no solid evidence that a higher minimum wage costs jobs.” On the contrary, a full and fair reading of the evidence shows the opposite. Raising the minimum wage will cost jobs, particularly those held by the least-skilled.
For the full story, please visit http://www.wsj.com/articles/the-evidence-is-piling-up-that-higher-minimum-wages-kill-jobs-1450220824.