Economists have come to various conclusions on whether the $15 minimum wage is good policy. The University of California, Berkeley, found in a study June 20 that the Seattle policy helped to increase wages while having little impact on employment. Studies elsewhere have found employment loss can be severe, especially for low-skilled workers.
“This important study ought to be a big wake-up call that the ‘Fight for $15’ minimum wage effort is actually hurting those they say they want to help — reducing incomes and eliminating economic opportunities for low-income Americans who need them most,” Jeremy Adler, communications director for the conservative nonprofit America Rising Squared, told InsideSources in a statement.
June 27, 2017