Increased Minimum Wage Does NOT Increase Unemployment
by Noah on Sep 7, 2013 | Views: 334 | Score: 5
| Average GAIN in employees per restaurant | |
|---|---|
| Study #1 1992 | 2.4 |
| Study #2 1998 | 1.1 |
Sources:
businessinsider.com, savvyroo.com
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by Noah on Sep 7, 2013 | Views: 334 | Score: 5
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In the wake of fast food strikes it is worth remembering that researchers from Berkeley and Princeton have studied minimum wage increases and found no negative effect on employment. In fact they found slight gains in employment. Of course YUM Brand's CEO might have to take a slight cut to his $20 million income.