Large, Profitable Companies Employ Most Minimum-Wage Earners
George Zornick @ The Nation - If you’ve ever had a conversation about the minimum wage with friends and family, you invariably hear an argument about how raising it would hurt small businesses.
There is compelling academic research that increasing the minimum wage doesn’t dramatically impact employment levels, but a new study underscores another important point—most people earning minimum wage work for large, profitable corporations. Read more.
There is compelling academic research that increasing the minimum wage doesn’t dramatically impact employment levels, but a new study underscores another important point—most people earning minimum wage work for large, profitable corporations. Read more.
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