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.
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economic theory ꞏ minimum wage ꞏ low-wage workers ꞏ living wage ꞏ job market ꞏ income gap ꞏ economic policy ꞏ social policy ꞏ wage legislation ꞏ wage scales ꞏ income level ꞏ income inequality ꞏ labor market outcomes ꞏ income security ꞏ economic consequences ꞏ economic justice ꞏ wage debate ꞏ labor market research ꞏ income standards ꞏ labor market ꞏ wage policy ꞏ minimum wage effects ꞏ labor market dynamics ꞏ labor market policies ꞏ income disparity ꞏ economic effects ꞏ economic impact ꞏ labor laws ꞏ labor economics ꞏ poverty alleviation ꞏ labor market conditions ꞏ economic development ꞏ economic analysis ꞏ economic research ꞏ social inequality ꞏ income distribution ꞏ economic study ꞏ wage increase ꞏ wage trends ꞏ wage growth ꞏ poverty ꞏ job creation ꞏ economic mobility ꞏ wage inequality ꞏ wage disparities ꞏ employment ꞏ workers' rights ꞏ economic inequality ꞏ labor market trends