David Neumark

Economists have long argued over what effect minimum wage rules have on jobs. … “People think of it as a free lunch, but you have to pay for it somewhere,” said David Neumark, a UC Irvine economist who has long studied the effects of minimum wage increases. “The workers who get higher wages and keep their jobs and hours — they’re better off,” he said. “It’s workers who lose their jobs and hours. There’s the tradeoff.”

For the full story, please visit https://www.latimes.com/business/story/2023-12-04/west-hollywood-employers-fuming-highest-minimum-wage.

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