Career Calling

July 5, 2014

Business Benefits by an Increased Minimum Wage

Laura Clawson of Daily Kos is not an economist. She is a great writer on labor issues who knows how to do good research. She has found a study that shows job have grown in states that have raised their minimum wages since the beginning of 2014. Critics of a minimum wage increase claim that it is common sense that increasing the wage will lead businesses to close and more people to lose their jobs. Clawson notes that the study’s writer insists that we cannot link causality between an increase in the minimum wage and job growth. But it does disprove the claim that raising the wage is a “job killer.” America needs a raise, and where it has gotten one, business seems to be doing all right.

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