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A Threat, Not a Theory : Democracy Journal

It’s simply not true that as wages go up, jobs go down. But trickle-downers need people to believe it. ….Of the nearly two dozen federal minimum wage hikes since 1938, total year-over-year employment actually increased 68 percent of the time. In those industries most affected by the minimum wage, employment increases were even more common: […]

It’s simply not true that as wages go up, jobs go down. But trickle-downers need people to believe it.

….Of the nearly two dozen federal minimum wage hikes since 1938, total year-over-year employment actually increased 68 percent of the time. In those industries most affected by the minimum wage, employment increases were even more common: Fully 73 percent of the time in the retail sector, and 82 percent in low-wage leisure and hospitality. 

Source: A Threat, Not a Theory : Democracy Journal

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