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The Center for American Progress reports:
Think a higher minimum wage is a job killer? Think again: The states that raised their minimum wages on January 1 have seen higher employment growth since then than the states that kept theirs at the same rate.
The minimum wage went up in 13 states Arizona, Connecticut, Colorado, Florida, Missouri, Montana, New Jersey, New York, Ohio, Oregon, Rhode Island, Vermont, and Washington either thanks to automatic increases in line with inflation or new legislation, as Ben Wolcott reports in his analysis at the Center for Economic and Policy Research. The average change in employment for those states over the first five months of the year as compared with the last five of 2013 is 0.99 percent, while the average for all remaining states is 0.68 percent.
Digging deeper, all but one of those states are experiencing increases in employment, and nine of them have seen growth above the median rate.
(Score: 2) by compro01 on Monday July 07 2014, @09:39PM
Because, at least in the relatively short term, there's a floor on the demand for labour, and an efficiently running business tends to be operating pretty close to it. You can't just cut staff nilly willy and still operate, so you need to have staff, pretty much regardless of how much it costs.
Over the long term, you can reduce staffing needs via automation, etc., but this has been happening whether or not the minimum wage is increased.