Something to consider: This short article offers the perspective that the minimum wage should be set according to local labor markets, since different areas have different costs of living. The cost of living in NYC is 2.5x more expensive than in Birmingham. Should minimum-wage workers in both places make the same? Article argues that a minimum wage thats too low in NY can price workers out of the market in Atlanta. (Clearly, many of the arguments about the right-sized minimum wage examine the national averages - but does it make sense ?).
Posted on: Thu, 24 Apr 2014 22:39:31 +0000
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