Tag Archives: minimum wage

Raising the Minimum Wage

The plan on the table in Congress would raise the federal minimum wage above $10 an hour (which is higher than all existing state rates). Obamacare‚Äôs mandate on employers, however, is already scheduled to raise the hourly cost of hiring … Continue reading

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Bill Gates Says Raising Minimum Wage Destroys Jobs

Should the nation’s minimum wage be raised, as Democrats from President Obama on down are insisting? “Well, jobs are a great thing,” Microsoft founder and philanthropist Bill Gates told MSNBC’s “Morning Joe” on Tuesday. “So you have to be a … Continue reading

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Raising Minimum Wage Will Increase Unemployment

A 1976 American Economic Association survey found that 90 percent of its members agreed that increasing the minimum wage raises unemployment among young and unskilled workers. A 1990 survey reported in the American Economic Review (1992) found that 80 percent … Continue reading

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