iOS app Android app

Minimum Wage Increase Effects

If Increasing the Minimum Wage Doesn't Cost Jobs, How Does It Get Absorbed?

Jared Bernstein | Posted 10.14.2013 | Business
Jared Bernstein

The economic arguments against moderate increases in the minimum wage lack robust empirical support. Most importantly, the majority of studies looking for the job-loss effects that opponents assert will be large enough to offset the benefits to low-wage workers come up short.