New Research Upends the Notion That Significant Wage Hikes Are Job Killers
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A working paper unveiled this week by researchers at the University of California, Berkeley shows that large minimum wage increases can have positive effects on both earnings and employment, countering the notion pushed by corporate lobbying groups that significant wage hikes are job killers. Examining nearly 50 large U.S. counties in California and New York whose wage floors reached $15 or higher...