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The U.S. minimum wage could be indexed to inflation

By Hicbd
Thu Nov 8 2012 6:06 am

Studies suggest that a small increase in the minimum wage would not have a negative effect on overall employment rates, could decrease labor turnover therefore increasing labor productivity, could increase employment rates for single, low-income earners, and could increase consumer spending to stimulate the economy. However, a higher minimum wage could create higher prices and could create more competition in the labor pool.

URL:
http://www.nytimes.com/2013/03/03/business/the-minimum-wage-employment-and-income-distribution.html?pagewanted=all&_r=0
http://raisetheminimumwage.org/pages/qanda
http://articles.latimes.com/2013/mar/14/business/la-fi-mo-minimum-wage-hearing-20130314


Categories:
Poverty Labor Rights Unemployment U.S. Minimum Wage Wages

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