Sunday, August 18, 2013

Debunking the Minimum Wage Myth: Higher Wages Will Not Reduce Jobs

Aug 7, 2013    Emily Chong

As fast food workers strike across the nation, progressives must separate fact from fiction in order to secure a living minimum wage.

Fast food workers are going on strike from New York to Seattle to demand higher wages, highlighting the never-ending controversy over the consequences of raising the minimum wage. Many news stories seem to suggest that economists have decided a higher minimum wage will cause job loss. However, with more analysis, we undercover the truth: there is no clear link between a higher minimum wage and reduced employment.

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