David Neumark

More than half the states in the U.S. are set to lift their minimum wages in the coming year, but the effects could be muted because many low-income workers already earn more than mandated due to strong labor demand. … “I don’t want to say the minimum wage has become irrelevant, but it has certainly become less relevant,” said David Neumark, a [Distinguished] Professor at University of California, Irvine.

For the full story, please visit https://www.wsj.com/articles/large-pay-gains-outpace-state-minimum-wage-boosts-for-many-workers-11672358864?page=1. 

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