Higher minimum wage increases poverty in poor areas
Led by the University of California, Irvine economist David Neumark, the study found that in poor neighborhoods, a $1 increase in the minimum wage raises poverty rates and government dependency by about 3 percent …. “The clear evidence here is that the minimum wage doesn’t deliver long-run gains and welfare doesn’t deliver long-run gains,” said Neumark said, the director of the Economic Self-Sufficiency Policy Research Institute at the university.
For the full story, please visit http://www.wnd.com/2018/06/higher-minimum-wage-increases-poverty-in-poor-areas/.