Bernie Sanders introduces a bill to raise minimum wage to $17 by 2028
Bernie Sanders introduces a bill to raise minimum wage to $17 by 2028
- August 2, 2023
- David Neumark, economics, Reason, Aug. 2, 2023
While some research has found that minimum wage increases do not cause job loss, most scholarship indicates a negative relationship. In a 2022 working paper for the National Bureau of Economic Research, economists David Neumark [Distinguished Professor] of the University of California Irvine and Peter Shirley, director of the Joint Committee on Government and Finance for the West Virginia Legislature, examined "the entire set of published studies in this literature" and find that "there is a clear preponderance of negative estimates in the literature."
For the full story, please visit https://reason.com/2023/08/02/bernie-sanders-introduces-a-bill-to-raise-minimum-wage-to-17-by-2028/.
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
- Proposition 32 was just rejected. In blue California, why did the minimum-wage boost fail?
- What do economists, local businesses think about Proposition 32, a minimum wage hike?
- How to stay calm when Elon Musk says he's leaving California -- and other lessons from business relocations
- How to stay calm when Elon Musk says he's leaving California -- and other lessons from business relocations
- Lessons from business relocations in California
connect with us