Some workers lose jobs (high minimum-wage states have among the - TopicsExpress



          

Some workers lose jobs (high minimum-wage states have among the highest unemployment rates); others have hours cut. The least-skilled get competed out of the jobs that remain (e.g., the minimum wage hits teenage employment hardest). It crowds out on-the-job training, impeding workers’ ability to learn their way out of poverty. And those effects are worse in a recession. It also raises costs and prices that workers pay as consumers.
Posted on: Fri, 14 Mar 2014 14:48:28 +0000

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