A news story about legislation to raise the federal minimum wage from $7.25 to $15 per hour that is moving through Congress includes a comment from Arindrajit Dube, economics, who has studied how minimum wage increases have affected employment. “I think the weight of evidence to date suggests the employment effects from minimum-wage increases in the U.S. have been pretty small – much smaller than the wage increases,” Dube says. “Thirty years ago, most economists expressed confidence that minimum wages had a clear negative impact on jobs. This is no longer true today.” (NPR, 3/6/19)
Categories