[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.

 

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