We have just talked about the effect of minimum wages on unemployment. Please read the article:
2019-23 As Push for Higher Minimum Wages Grows, New York Offers a Test, posted on MLS under Readings.
It is a mandatory reading; there will be question (s) about it on the exam.
It describes the situation in adjacent areas in two neigbouring states: New York and Pennsylvania. New York has been increasing minimum wage significantly. It is now $11.10; next year it will be $12. In contrast, minimum wage in Pennsylvania is $7.25
Here is a graph showing restaurant employment changes in the counties at the border of Pennsylvania and New York
No comments:
Post a Comment