new-study-casts-doubt-on-whether-a-15-minimum-wage-really-helps-workers
new-study-casts-doubt-on-whether-a-15-minimum-wage-really-helps-workers
7/1/2017
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summary
This article discusses a new study that questions the effectiveness of a $15 minimum wage in helping workers. The study, conducted by a team of researchers, suggests that raising the minimum wage to $15 per hour may lead to a decrease in employment opportunities for low-skilled workers. It presents arguments and evidence from both supporters and critics of a higher minimum wage, highlighting the potential trade-offs and unintended consequences. The article ultimately emphasizes the complexity of the issue and the need for further research to fully understand the impact of a $15 minimum wage on workers and the economy.
tags
minimum wage ꞏ labor market ꞏ employment ꞏ economic policy ꞏ income inequality ꞏ wage increase ꞏ workers' rights ꞏ poverty ꞏ low-wage workers ꞏ job market ꞏ living wage ꞏ economic impact ꞏ job creation ꞏ economic inequality ꞏ labor economics ꞏ social policy ꞏ income distribution ꞏ wage policy ꞏ economic justice ꞏ economic research ꞏ labor laws ꞏ income gap ꞏ wage growth ꞏ economic analysis ꞏ labor market dynamics ꞏ wage debate ꞏ economic study ꞏ poverty alleviation ꞏ economic mobility ꞏ income level ꞏ social inequality ꞏ labor market conditions ꞏ wage trends ꞏ economic consequences ꞏ labor market research ꞏ income disparity ꞏ economic theory ꞏ labor market outcomes ꞏ wage disparities ꞏ income security ꞏ wage legislation ꞏ economic effects ꞏ labor market policies ꞏ wage inequality ꞏ income standards ꞏ economic development ꞏ labor market trends ꞏ wage scales ꞏ minimum wage effects