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Since that study, pretty much all blue states had significant increase in minimum wage. Even in red states, the minimum wage has gone up and yet unemployment is
by newhotelowner 3y ago
Since that study, pretty much all blue states had significant increase in minimum wage. Even in red states, the minimum wage has gone up and yet unemployment is historically low.
- gruez 3y ago1. If you don't see any problem with this line of reasoning, I invite you to look at the unemployment rate after the Fair Minimum Wage Act of 2007 was passed. 2. Looking at "unemployment" is what the study was specifically trying to avoid, because you could cut someone's hours but keep them on payroll. If you only looked at unemployment figures and average hourly wages, you might conclude that raising the minimum wage was an unalloyed good. However, if you drilled down to hours worked you'd see that they were taking home less per week.