Gå offline med appen Player FM !
Raising Minimum Wage Won’t Work? | #302
Manage episode 433794289 series 2613758
Not raising the federal minimum wage of $7.25 since 2009 has been one of the best things for the American labor market. Learn the reasons for this as the Gwartney Economists explain how unemployment rises when the minimum wage is above market wage. Individual states like Arizona, have minimum wage above the market and are proposing yet another increase this fall from $14.35 to $18. What predictions can be made on unemployment, labor benefits, labor conditions, small business, inflation and other things we care about?
307 episoder
Manage episode 433794289 series 2613758
Not raising the federal minimum wage of $7.25 since 2009 has been one of the best things for the American labor market. Learn the reasons for this as the Gwartney Economists explain how unemployment rises when the minimum wage is above market wage. Individual states like Arizona, have minimum wage above the market and are proposing yet another increase this fall from $14.35 to $18. What predictions can be made on unemployment, labor benefits, labor conditions, small business, inflation and other things we care about?
307 episoder
Alla avsnitt
×Velkommen til Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.