Minimum wage hikes fuel higher pay growth for those at the bottom
- January 9, 2020
- David Neumark, economics, NPR, Jan. 9, 2020 (Audio)
But others caution that the higher cost for employers may come with trade-offs. "You're getting a raise if you keep your job and if your hours don't change," says economist David Neumark of the University of California at Irvine. "But there's plenty of evidence that there is some job loss from minimum wages and those workers are worse off."
For the full story, please visit https://www.npr.org/2020/01/09/794280616/minimum-wage-hikes-fuel-higher-pay-growth-for-those-at-the-bottom.