Senate says no to $15 minimum wage for now, but Democrats vow to push on
- February 5, 2021
- David Neumark, economics, NPR, Feb. 5, 2021 (Audio)
Still, Biden's early effort to make good on his promise has buoyed proponents, unsettled opponents and stepped up the debate over who wins and who loses when salaries rise. As economics professor David Neumark of the University of California, Irvine, notes in a new paper, economists hold a wide range of differing opinions on that debate, even when looking at the same set of studies. … Neumark found most studies agree that higher minimum wages bring job losses, with stronger evidence for teens, young adults and less-educated workers.
For the full story, please visit https://www.npr.org/2021/02/05/964020654/senate-says-no-to-15-minimum-wage-for-now-but-democrats-vow-to-push-on.
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