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"In what has become a running joke amongst those skeptical of the claim that minimum wage increases have no effect on unemployment, a recent report by the Employment Policies Institute showed that 174 of the 184 co-sponsors of a bill to raise the federal minimum wage to $15 an hour hired unpaid interns."
"In a review of over 100 studies, economists David Neumark and William Wascher found that,A sizable majority of the studies surveyed ... give a relatively consistent (although not always statistically significant) indication of negative employment effects of minimum wages. In addition, among the papers we view as providing the most credible evidence, almost all point to negative employment effects, both for the United States as well as for many other countries." http://www.nber.org/papers/w12663.pdf
"Yes, minimum wages still do increase unemployment."
https://mises.org/blog/seattles-minimum-wage-supporters-ignore-facts
(Score: -1, Troll) by Anonymous Coward on Sunday July 30 2017, @07:35AM
Oh you don't have to worry about losing your job, when you can get your rich family to keep your fancy things for you, while you pretend to follow the simple life without possessions, live in a tent, pursue your dream of being a street minstrel for a few years, and still be swimming in pussy the whole time. You don't have to worry about a thing, if you live the lucky charmed life of Michael David Crawford.