How new research is shaking up the debate about a $15 minimum wage
- May 8, 2019
- David Neumark, economics, via Vox, May 8, 2019
[UCI Distinguished Professor] David Neumark, writing at the Federal Reserve Bank of
San Francisco, summarized the longstanding consensus like this, while also citing
more recent studies, in 2015: The overall body of recent evidence suggests that the
most credible conclusion is a higher minimum wage results in some job loss for the
least-skilled workers—with possibly larger adverse effects than earlier research suggested.
For the full story, please visit https://www.vox.com/2019/5/8/18528098/national-federal-minimum-wage-fight-for-15.