Bruce Bartlett on unemployment: This is a terrible time to raise the minimum wage.
Even though the nation is suffering a crisis of unemployment, with the national unemployment rate at 9.5% , the federal government has nevertheless mandated that it will go higher because, starting today, the minimum wage rises from $6.55 to $7.25 per hour.
Related Posts:
- Minimum Wage Doesn’t Help The Poor — EPIonline.org
- Rise In Minimum Wage Added To Teens’ Burdens — EPIonline.org
- Mark Perry: Downward Sloping Demand for Unskilled Workers: Employers WILL Respond to Minimum Wage Hikes
- The Real Cost Of Minimum Wage Hikes – William E. Even and David A. Macpherson
- NY Times — Did the Minimum Wage Increase Destroy Jobs
