Who's afraid of a $15 minimum wage?
- March 17, 2021
- David Neumark, economics, Retail Dive, March 17, 2021
David Neumark, an economics professor at University of California, Irvine and a co-author found, after reviewing the body of research on minimum wage and jobs, that "there is a clear preponderance" of estimates showing job losses with minimum wage increases, especially among younger and low-skilled workers. Neumark also notes that "the evidence is not unambiguous," with some studies showing no impact on jobs or even increased employment levels.
For the full story, please visit https://www.retaildive.com/news/whos-afraid-of-a-15-minimum-wage/596747/.
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