Acting out the minimum wage drama
Acting out the minimum wage drama
- April 27, 2015
- Research by David Neumark, economics Chancellor’s Professor, is featured by Fox & Hounds Apr. 27, 2015
From Fox & Hounds:
There continues to be concern that youth unemployment could rise with an increase
in minimum wage. UC Irvine economist David Neumark estimated a 10 percent hike in
the minimum wage caused a 1 to 2 percent drop in youth employment. The message Neumark
drew from his study: “Widespread evidence indicates that minimum wage increases are
offset by job destruction.”
For the full story, please visit http://www.foxandhoundsdaily.com/2015/04/acting-out-the-minimum-wage-drama/.
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