The latest: Economists eye California minimum wage proposal
- March 28, 2016
- David Neumark, economics Chancellor’s Professor, is quoted by ABC News March 28, 2016
From ABC News:
David Neumark, an economics professor at the University of California, Irvine, says an increase from $10 to $15 by 2022 would reduce employment among the least-skilled workers by at least 5 to 10 percent. Neumark says that the effects would vary by geography. In high-wage counties such as San Francisco and Santa Clara, about 22 percent of workers would get a raise. In places such as Fresno and Merced counties, about half the workers would.
For the full story, please visit http://abcnews.go.com/US/wireStory/latest-california-governor-hails-minimum-wage-proposal-37985207.