[–] derram 0 points 0 points 0 points (+0|-0) 3.5 years ago
https://archive.is/xkq9Q | :
'Boosting the economy from the bottom up': Why minimum wage hikes are a good thing - Business - CBC News
'And "those declines were likely driven by factors other than the higher minimum wage," the report found. '
'But suggesting that wage hikes will be bad across the board is based on "a more simplistic understanding of economics," Lathrop said. '
'Minimum wage hikes initially tend to disproportionately impact retail and restaurant workers. '
'During the 71-year period studied, an increase in the federal minimum wage led to job losses only eight times. '
'There's "no correlation between federal minimum wage increases and lower employment levels," the paper says. '
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[–] derram ago
https://archive.is/xkq9Q | :
'And "those declines were likely driven by factors other than the higher minimum wage," the report found. '
'But suggesting that wage hikes will be bad across the board is based on "a more simplistic understanding of economics," Lathrop said. '
'Minimum wage hikes initially tend to disproportionately impact retail and restaurant workers. '
'During the 71-year period studied, an increase in the federal minimum wage led to job losses only eight times. '
'There's "no correlation between federal minimum wage increases and lower employment levels," the paper says. '
This has been an automated message.