David Neumark

Minimum wage hikes are never a viable economic solution. A 2007 study from economists at the University of California-Irvine and the Federal Reserve Board comprehensively examined the body of work on the subject and found 85 percent of the studies they considered credible demonstrate minimum wage hikes cause job losses for less-skilled employees. … [Grace] Lordan and [UCI Economics Distinguished Professor David] Neumark find that raising the minimum wage increases the likelihood that low-skilled workers become unemployed or employed in lesser paying jobs, based on data collected from 1980 to 2015.
For the full story, please visit https://www.heartland.org/publications-resources/publications/research--commentary-wisconsin-senate-proposes-ill-timed-minimum-wage-hike-to-accompany-assembly-version

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