Study Finds $15 An Hour Minimum Wage HURTS YOUNG WORKERS The Most
The Democrats are pushing the minimum wage as a top-tier issue in the 2016 presidential race, but the numbers are not on their side.
Washington Free Beacon reports:
Minimum wage increases intended to boost pay for low-income workers ended up increasing unemployment, according to a new study.
The study published by the National Bureau of Economic Research found that minimum wage increases reduced employment opportunities for low-skilled workers by nearly 6 points during the Great Recession.
“This period’s full set of minimum wage increases reduced employment among individuals ages 16 to 30 with less than a high school education by 5.6 percentage points,” the study says.
So basically conservatives were 100 percent correct about this.