Re:US inflation means families are spending $709 more per mo...
by gruez on Sunday August 13, 2023 @08:28PM
(#37116094)
1. If you don't see any problem with this line of reasoning, I invite you to look at the unemployment rate after the Fair Minimum Wage Act of 2007 was passed.
2. Looking at "unemployment" is what the study was specifically trying to avoid, because you could cut someone's hours but keep them on payroll. If you only looked at unemployment figures and average hourly wages, you might conclude that raising the minimum wage was an unalloyed good. However, if you drilled down to hours worked you'd see that they were taking home less per week.
2. Looking at "unemployment" is what the study was specifically trying to avoid, because you could cut someone's hours but keep them on payroll. If you only looked at unemployment figures and average hourly wages, you might conclude that raising the minimum wage was an unalloyed good. However, if you drilled down to hours worked you'd see that they were taking home less per week.