There are studies – oh, there are studies – on how hiking the minimum wage affects employment. And good studies contradict other good studies. The problem is that the mechanics linking wages to jobs have a lot of moving parts. The details matter. Raising the federal minimum wage to $15 an hour sits high on the progressive bucket list. The base rate is now a very low $7.25 an hour. Had the minimum in 1968 […]

The Minimum Wage Can Be Tricky
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