Letter: Research Shows Higher Minimum Wage Good for Jobs

February 1, 2019. In a short rebuttal in regards to the minimum wage and whether it will negatively impact businesses, the author cites several studies that support the economic viability of enacting a higher minimum wage.

In one research study, Dube, Lester, and Reich in a study “Minimum Wage Effect Across State Borders,” studied the effect of one state raising minimum wages while a bordering state did not raise its minimum wages and found no adverse effect on employment. A study by the Fiscal Policy Institute March 30, 2006 found states with minimum wages above the federal level had faster small business and retail job growth.

Find the letter at Daily Messenger.

Published On: February 1st, 2019|Categories: FPI in the News, Labor Market & Workforce|

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February 1, 2019. In a short rebuttal in regards to the minimum wage and whether it will negatively impact businesses, the author cites several studies that support the economic viability of enacting a higher minimum wage.

In one research study, Dube, Lester, and Reich in a study “Minimum Wage Effect Across State Borders,” studied the effect of one state raising minimum wages while a bordering state did not raise its minimum wages and found no adverse effect on employment. A study by the Fiscal Policy Institute March 30, 2006 found states with minimum wages above the federal level had faster small business and retail job growth.

Find the letter at Daily Messenger.

Published On: February 1st, 2019|Categories: FPI in the News, Labor Market & Workforce|

Share on Social Media!