A 2007 study from economists at the University of California-Irvine and the Federal Reserve Board examined the body of work on the subject and found 85 percent of the studies they considered credible demonstrate minimum wage laws cause job losses for less-skilled employees. … Minimum Wages, the Earned Income Tax Credit, and Employment: Evidence from the Post-Welfare Reform Era. David Neumark and William Wascher examine the effects of minimum wages and the EITC in the post-welfare reform era.

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