The Downside of the Minimum-Wage Fad - Bloomberg View
...A 2014 Congressional Budget Officestudy concluded that a $10.10 minimum wage in the U.S. would lift 900,000 out of poverty but result in the loss of 500,000 low-wage jobs. Other studies say the employment effects would be smaller. There's little experience as yet with minimums as high as $15...
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