Higher minimum wages increase poverty in poor neighborhoods, study finds
Higher minimum wages increase poverty in poor neighborhoods, study finds
- June 11, 2018
- Research by David Neumark, economics, in the Washington Examiner, June 11, 2018
The study, led by the University of California, Irvine economist David Neumark and
published by the business-backed Employment Policies Institute, finds that, over the
course of decades, higher minimum wages don’t reduce poverty in disadvantaged neighborhoods.
Rather, the analysis finds that a $1 increase in the minimum wage raises poverty rates
and government dependency by about 3 percent.
For the full story, please visit https://www.washingtonexaminer.com/policy/economy/higher-minimum-wages-increase-poverty-in-poor-neighborhoods-study-finds.
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