4 ms·
Some quick clarification. In the US we don't have to rely as much on guess work. We have data on based on 20 years of $9-$10/hr minimum wage (in inflation adjus
by anonacct37 9y ago
Some quick clarification. In the US we don't have to rely as much on guess work. We have data on based on 20 years of $9-$10/hr minimum wage (in inflation adjusted dollars).
https://en.wikipedia.org/wiki/Minimum_wage_in_the_United_States#/media/File:History_of_US_federal_minimum_wage_increases.svg https://en.wikipedia.org/wiki/Minimum_wage_in_the_United_Sta...
- dalbasal 9y agoA little further down the same article is "economic effects" where they cite some studies relating to this data. Results & interpretations fall on both sides of the equation. Whatever the effect of minimum wage is, we don't know from empirical research.