What a $15 Minimum Wage Would Mean for Your City

What a $15 Minimum Wage Would Mean for Your City

9/23/2015

link

https://www.nytimes.com/2015/08/13/upshot/what-a-15-minimum-wage-would-mean-for-your-city.html

summary

This article from The New York Times examines the potential effects of a $15 minimum wage on different cities in the United States. It presents data and analysis to assess how such a wage increase could impact workers, businesses, and the overall economy. The article discusses the varying cost of living and wage levels in different cities, highlighting how a higher minimum wage may have different implications depending on the local context. It also explores the arguments for and against raising the minimum wage, including potential benefits for low-wage workers and concerns about potential job losses or adverse effects on small businesses. Overall, the article provides a comprehensive overview of the potential effects of a $15 minimum wage and encourages readers to consider the nuances and complexities involved in implementing such a policy.

tags

minimum wage ꞏ economic policy ꞏ labor market ꞏ income inequality ꞏ living wage ꞏ wage increase ꞏ poverty ꞏ employment ꞏ job market ꞏ wages ꞏ economic impact ꞏ workers' rights ꞏ income distribution ꞏ labor economics ꞏ income gap ꞏ social justice ꞏ low-income workers ꞏ economic inequality ꞏ economic analysis ꞏ wage disparity ꞏ minimum wage debate ꞏ economic research ꞏ urban economics ꞏ cost of living ꞏ poverty alleviation ꞏ wage hike ꞏ income mobility ꞏ economic justice ꞏ income levels ꞏ labor market dynamics ꞏ economic consequences ꞏ economic growth ꞏ income security ꞏ income standards ꞏ economic equity ꞏ income support ꞏ economic opportunity ꞏ income floor ꞏ wage policy ꞏ economic development ꞏ social policy ꞏ workforce dynamics ꞏ economic indicators ꞏ wage scale ꞏ income stability ꞏ economic trends ꞏ labor market conditions ꞏ wage structure