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Minimum Wage

Minimum Wage

Does Raising the Minimum Wage Increase Unemployment?

President Obama’s recent proposal to raise the federal minimum wage (from the current $7.25 to $10.10) has rekindled the multi-decade old argument over whether raising the minimum was is a good or bad idea. Opponents of the increase argue strongly that it will only hurt the economy by raising costs and unemployment, and in effect, hurt […]

Posted on March 10, 2014February 7, 2016 Author Fact and Myth Comment(0)

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