Minimum wages are going up. Low-paid workers probably won’t notice.

Minimum wages are going up. Low-paid workers probably won’t notice.
- December 31, 2023
- David Neumark, economics, The Wall Street Journal, Dec. 31, 2023
Nationally, the 10% lowest-earning workers saw a 4.8% raise in the third quarter from a year earlier, according to the Labor Department. … “Really tight labor markets are better for people at the bottom. When times are really good, they catch up,” said David Neumark, an economics professor at the University of California, Irvine. “Wages got far ahead of minimums in many places.”
For the full story, please visit https://www.wsj.com/economy/jobs/minimum-wage-increase-low-paid-workers-impact-2cb64cc6.
-----
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
- Why women earn less: The link between misogyny and the gender wage gap
- UC Irvine Center for Population, Inequality, and Policy elevated to Organized Research Unit on campus
- Economics of Anteater life
- Dickies moving its headquarters from Texas to Orange County
- Disney agrees to pay $43 million to settle gender discrimination lawsuit
connect with us: