Econ 101 no longer explains the job market
Econ 101 no longer explains the job market
- April 5, 2018
- David Neumark, economics, via Bloomberg, April 5, 2018
The battle over the effects of minimum wages has been one of the most protracted and bitter fights in the history of empirical economics. Some researchers, such as David Neumark of the University of California-Irvine, continue to insist that pay floors kill jobs, and a few studies find negative effects.
For the full story, please visit https://www.bloomberg.com/view/articles/2018-04-05/supply-and-demand-does-a-poor-job-of-explaining-depressed-wages.
Share on:
Related News Items
- Here come the fast-food robots
- Jon Coupal: ULA tax numbers expose economic ignorance
- Opinion: Black and Hispanic youths pay the biggest price for minimum wage hikes
- Fast food chains, workers are bracing for California's minimum wage increase: What to know
- Opinion: California's crazy 'fast food' minimum wage takes effect
connect with us