Debunking some minimum wage myths

March 29, 2012 § Leave a comment

CLAIM: If Minimum Wage Is Increased Businesses Will Leave New York

FACT: Businesses Do Not Cut Employees Due To Minimum Wage Increases

FACT: Businesses Do Not Leave Areas With A Higher Minimum Wage For Areas With A Lower One

 

CLAIM: Minimum Wage Increase Would Cause Unemployment, Less Economic Activity

FACT: Overall Employment Increased When New York Increased Its Minimum Wage In 2004

FACT: Higher Minimum Wages Do Not Translate To Higher Unemployment

FACT: Economic Activity Has Increased Following A Minimum Wage Increase

 

CLAIM: Youth Unemployment Increases When Minimum Wage Is Increased

FACT: The Minimum Wage Has Little To No Effect On Youth Unemployment

details at:

http://mediamatters.org/research/201203290008

Advertisements

What?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

What’s this?

You are currently reading Debunking some minimum wage myths at - Invisible Backhand -.

meta

%d bloggers like this: