Detailed text transcripts for TV channel - MSNBC - 20130222:02:43:00
Little to no effect on low wage employment. its an empirical thing. you can check it. one study done in the mid 90s right after minimum wage increases in missouri and pennsylvania this is considered to be the gold standard in this field of empirical research, resulted in this. the results seem to contradict the standard prediction that a rise in the minimum wage will reduce unemployment. another big study done about ten years found the same thing. the dotted line on this chart is employment grow...
Minimum Wage Empirical Research Wage Employment Mid 90s Employment Growth Center For Economic And Policy Research
Source: news source