Downside of higher pay? Fewer hours, fewer jobs, Twin Cities wage study says
Downside of higher pay? Fewer hours, fewer jobs, Twin Cities wage study says
- May 17, 2023
- David Neumark, economics, Aviation Pros, May 17, 2023
David Neumark, an economist [and Distinguished Professor] from the University of California, Irvine, presented his review of literature on minimum wages and said a majority of studies have found some modest negative employment effects. "That doesn't mean the minimum wage is a bad idea," he said. "It means there's a cost. It means we have to think about trade-offs." After Seattle passed its $15-an-hour minimum wage ordinance in 2014 — a few years earlier than Minneapolis — a team of researchers at the University of Washington studied its incremental implementation.
For the full story, please visit https://www.aviationpros.com/ground-handling/ground-handlers-service-providers/news/53060780/downside-of-higher-pay-fewer-hours-fewer-jobs-twin-cities-wage-study-says.
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Harris Adopted Economic Policy That Experts Worry Could Harm Tipped Workers
- Study: Tipped wage hikes have no impact on reducing earnings gaps
- Opinion: Higher taxes are on the horizon. Don't let them spoil your retirement.
- What would eliminating taxes on tips mean?
- Opinion: Blinder misrepresents minimum wage studies
connect with us