Minimum Wage Hikes Don’t Benefit Low-Income Families But Do Raise Youth Unemployment Rates | Zero Hedge

A consensus on minimum wage studies conducted in the 1980’s finds that for every 10 percent increase in the minimum wage, employment of young and unskilled workers declines by 1-2 percent.

Source: Minimum Wage Hikes Don’t Benefit Low-Income Families But Do Raise Youth Unemployment Rates | Zero Hedge

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