August 16, 2017

...AND CHEAPER...:

Study: Higher minimum wages bring automation and job losses (Christopher Matthews, 8/16/17, Axios)

In a new paper, economists Grace Lordan of the London School of Economics and David Neumark of UC Irvine parse 35 years of census data and come down on the worse-off side: For lower-skill jobs like bookkeepers and assembly-line workers, they say, higher minimum wages encourage employers to automate -- according to their calculations, a $1 increase can cost tens of thousands of jobs nationally.

Posted by at August 16, 2017 7:31 AM

  

« "BREAD AND BUTTER": | Main | JE SUIS ANTI-NAZI: »