Edward Conard

Top Ten New York Times Bestselling Author

  • “…a must-read for serious students of economic policy.” - Glenn Hubbard, Dean, Columbia Business School, and former Chairman of the Council of Economic Advisers
Upside of Inequality Unintended Consequences Oxford
BUY THE BOOKS
  • Macro Roundup
  • Highlights
  • Blog
  • OpEds
  • Reviews
  • About
    • About the Author
    • About the Books
    • Read Excerpts
    • Read the Reviews
    • Debates
    • Media and TV
  • Topics
    • All Media Appearances
    • Productivity
    • Monetary Policy
    • Banking
    • Politics
    • Upside endnotes
    • Stuff Ed’s Assistant Thought He Might Like
  • Contact
  • twitter
  • facebook
  • youtube
  • linkedin
  • Advanced SearchChoose Categories To Search Within
    • Close Advanced Search
Edward Conard

Advanced Search

New Evidence Shows Minimum Wage Law Is Hurting Employment

In his blog last week, University of Michigan economist and AEI scholar, Mark Perry, noted that “U.S. cities that have raised their minimum wage to $10 an hour or more in 2015 have seen…job gains fall to multiyear lows at restaurants, hotels and other leisure and hospitality venues.”

dcrestaurants1

According to Perry, while the data isn’t “reliable enough to amount to…proof,” Washington D.C. for example, raised its minimum wage to $10.50, which is higher than the D.C. suburbs. This “provides a natural experiment to test for the employment effects of D.C.’s minimum wage law.… Suburban restaurants last year increased staffing levels by nearly 5,000 new positions, employment at the District’s restaurants contracted by more than 200 jobs.” While Perry admits “population growth could affect restaurant jobs in D.C. vs. the suburbs,” he notes that according to the “2015 United Van Lines Migration report…in 2015, D.C. was a ‘High Inbound’ area.”

Read Mark Perry’s full post here.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to print (Opens in new window)
  • Click to email a link to a friend (Opens in new window)

© Copyright 2023 Coherent Research Institute · All Rights Reserved

 

Loading Comments...