Protip: If they're working to get you fired, they're not your friends
Protip: If they're working to get you fired, they're not your friends
- February 15, 2019
- Research by David Neumark, economics, in Forbes, Feb. 15, 2019
-----
First, according to the very simple version of the labor market economists teach in
introductory economics courses, a minimum wage raises quantity supplied and reduces
quantity demanded. The minimum wage, therefore, reduces employment. It's a robust
thesis with ample empirical support from (for example) University of California-Irvine
economist David Neumark and Texas A&M University economist Jonathan Meer, both of
whom are affiliated with the National Bureau of Economic Research.
For the full story, please visit https://www.forbes.com/sites/artcarden/2019/02/15/protip-if-theyre-working-to-get-you-fired-theyre-not-your-friends/#49d2fa222b40.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Careet RightRaising the minimum wage actually increases racial disparities
- Careet RightHeadquarters are leaving CA. What does this mean for our economy?
- Careet RightExperts answer: Are headquarters really fleeing California?
- Careet RightHigh-profile companies moving out of California
- Careet RightExempting tips from taxes could hurt employees, critics say