The #MinimumWage does not kill jobs. Employers who under-pay workers can raise wages w/o killing jobs. That’s why the #MinimumWage INCREASES employment in the most concentrated labor markets. W. @joseazar @EmilianoHuetV @bledi_taska & Von Wachter https://t.co/MMayXjvHkG 1/8 pic.twitter.com/bIzfksQ72S
— Ioana Marinescu (@mioana) July 8, 2019
This has been clear for a long time, but nice to see yet more confirmations. I have seen some credible literature that in the worst/least productive markets, there are some diminished jobs, and this is of course bad for these people and should be considered.
However, raising minimum wage is a huge net win for everyone nearly everywhere.