22 States Raised the Minimum Wage: What Does This Mean for Low-Skilled Workers?
22 States Raised the Minimum Wage: What Does This Mean for Low-Skilled Workers?
On January 1st, 22 states and 38 cities and counties raised their minimum wages, sparking some celebration for 10 million workers who get a pay hike, and many doubts for the rest. While this is perhaps a well-intentioned policy, intentions don’t indicate a policy’s effectiveness. Many economists argue that this decision will disadvantage the people...