1 result for tag: over rising minimum wages


Job loss predictions over rising minimum wages haven’t come true

By Stef W. Kight, Dion Rabouin Nov 25, 2019 Eighteen states rang in 2019 with minimum wage increases — some that will ultimately rise as high as $15 an hour — and so far, opponents' dire predictions of job losses have not come true. What it means: The data paint a clear picture: Higher minimum wage requirements haven't reduced hiring in low-wage industries or overall. State of play: Opponents have long argued that raising the minimum wage will cause workers to lose their jobs and prompt fast food chains (and other stores) to raise prices. But job losses and price hikes haven't been pronounced in the aftermath of a recent wave of city ...