Detailed text transcripts for TV channel - MSNBC - 20140219:12:03:00
Was $10.60 adjusted for inflation. but the big headline from yesterday's nonpartisan report is that raising the minimum wage to $10.10 would reduce total employment by about 500,000 workers. however, the next line in the report states actually losses could be smaller or larger. ranging from a slight reduction of employment up to 1 million workers. the report also states that 1.5y million workers would see their wage increase, but that's just 19% of that would go to families actually below the poverty line. still, 900,000 americans could be lifted above the poverty threshold because of the incr...