A new study shows that increased minimum wage does not increase unemployment.
Over a 16-year period, the study looked at counties that were located across the border
from another county that had a minimum wage increase. Instead of increasing unemployment, the study found that higher wages decreased worker turnover. That's good for both employers and employees.
Here's a transcript of an interview with one of the study's authors.
MINIMUM WAGE EFFECTS ACROSS STATE BORDERS: ESTIMATES USING CONTIGUOUS COUNTIES (PDF) via Economix
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