Where the 'Fight For $15' went wrong
Where the 'Fight For $15' went wrong
- April 7, 2016
- David Neumark, economics Chancellor’s Professor, on minimum wage in Fortune, April 7, 2016
From Fortune:
David Neumark of the University of California, Irvine has spent decades studying the
effects of minimum wages on labor markets. In a recent paper called “Policy levers
to increase jobs and increase income from work after the Great Recession,” Neumark
reviewed decades of literature on the subject and found that the vast majority of
studies show that increasing minimum wages does cause job loss. Other policy levers,
like government wage subsidies and hiring credits, however, don’t have those same
adverse effects.
For the full story, please visit http://fortune.com/2016/04/07/where-the-fight-for-15-went-wrong/.
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