The estimated impact of a federal minimum wage increase to $10, $12, or $15 will create a range of tradeoffs between jobs and earnings.
The Downside of a Minimum Wage Increase
While it is easy for us to see when the minimum wage goes up, the impact on low wage workers’ non-wage compensation is much less evident.
How to Upset the Minimum Wage Debate
Economists on one side of the minimum wage debate just got some extra ammunition from the results of a University of Washington study.