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kpete

(71,981 posts)
Tue Jul 8, 2014, 09:04 PM Jul 2014

2014 Job Creation Faster in States that Raised the Minimum Wage

Wow, I missed this:

The experience of the 13 states that already increased their minimum wage in 2014 paints a very positive picture for Washington and its low-wage workers.

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Of the 13 states where the minimum wage went up on January 1, 2014 (either because of legislative action, referendum, or cost-of-living adjustments), all but one had positive employment growth, and nine of them had growth higher than the median. "The average change in employment for the 13 states that increased their minimum wage is +0.99% while the remaining states have an average employment change of +0.68%," wrote CEPR.



MORE INFO HERE:
http://www.cepr.net/index.php/blogs/cepr-blog/2014-job-creation-in-states-that-raised-the-minimum-wage
http://www.dailykos.com/story/2014/07/08/1312523/-These-Two-Studies-Turn-Wall-Street-s-Economic-Argument-On-Its-Head

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