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Study Finds Eliminating State Tip Credits Could Cost 800k Jobs, $2.2B in Earnings

Arlington, VA (November 3, 2022) – Today, the Employment Policies Institute (EPI) released a new analysis by economists from Miami and Trinity Universities estimating the consequences of eliminating the separate minimum wage for tipped employees.
United States North Carolina Rebekah Paxton William Even Miami University University Of California David Macpherson Trinity University

Economics for Church Leaders: How Minimum-Wage Laws Affect the Poor

Editors’ note:  For church leaders to be more effective in seeking the “welfare of the city” (Jer. 29:7), we should know what economic concepts mean, how they should be applied, and how they affect the local church. The purpose of the Economics for Church Leaders series is not to present a theology of economics, but rather to provide a basic level of understanding that will help church leaders think more clearly about how to apply their faith commitments to economics and public policy. S...
United States South Carolina National Bureau Of Economic Research San Francisco David Macpherson Franklin Delano Roosevelt

'Irresponsible' and 'long overdue': What economists and workers say about Biden's bid for a $15 minimum wage and end to tip credits

‘Irresponsible’ and ‘long overdue’: What economists and workers say about Biden’s bid for a $15 minimum wage and end to tip credits MarketWatch 1/20/2021 © Getty Images When President-elect Joe Biden first proposed raising the minimum wage to $15 an hour on the campaign trail in 2019, the U.S. was experiencing its best unemployment figures in decades. Since then, the unemployment rate has nearly doubled to 6.7% as the pandemic has cost millions of Americans their livelihoods. Som...
United States David Macpherson Joshua Chaisson Holly Sklar Heidi Shierholz Michael Saltsman
Source: msn.com

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