An academic study shows high min wage has no impact on employment?

Question

"“Our data show that an increase up to $13 an hour has no measurable effect on employment,” said Michael Reich, a Berkeley economics professor with the Institute for Research on Labor and Employment."
http://seattletimes.com/html/localnews/2023116005_wageimpactsxml.html

Answer 1

The problem for a higher minimum wage is that all it does is increase (inflation) the costs of everything. Plus, all other wages should increase by the same amount. But they do not.



Liberals can raise the minimum wage as high as they want it and all that it will really do is increase the costs of everything.



A gallon of milk costs around $4.00 today. Minimum wage is below $8.00 per hour. Raise minimum wage to say $10.00 per hour and see the cost of that gallon of milk double or even triple in cost. I think the cost increase is a factor 2.7 times the current cost of something.



That's where Liberals screw-up at. They would rather pay double or even triple for the cost of everything, just so that minimum wage is raised.

Answer 2

Tell that to people who used to have jobs as elevator operators.



About 90-91 years ago, the US Supreme Court struck down a minimum wage law in the case of Adkins v. Children's Hospital. The Court claimed that the wage law interfered with the "liberty to contract." The law was challenged by both an employer and an employee. The employee was a young woman who had a job as an elevator operator with a hotel. Her testimony to the courts was that she liked her job just fine the way it is, that she did not want or ask to be paid any more than what the hotel was already paying her (which, of course, was a lot less than the amount which would have been required by the minimum wage law), and that she did not believe she could ever get another job other than that of an elevator operator. But, she said, if the wage law were enforced against her employers, then they would just let her go and they would do without an operator.

The Supreme Court agreed with her that her "rights" would be violated by the minimum wage law.

http://en.wikipedia.org/wiki/Adkins_v._Children%27s_Hospital



And, btw, not every member of that Court majority was a Republican. Justices Butler and McReynolds were Democrats.

Answer 3

I think he may need to do more research because the city of Seatac Washington raised it's minimum wage a few months ago to $15 an hour and while no one has lost their job because of it there are consequences!



Since companies have to pay $15 an hour they are not hiring inexperienced people to fill the jobs they are hiring experienced people. This means that the people that minimum wages jobs were ment for have been priced out of the market!



The average amount of tips a waiter gets has gone down drastically!

Answer 4

Interesting. Buffet, Gates and Bloomberg just came out saying that raising the minimum wage will discourage hiring and affect the poor the most.



My guess would be that Gates and Buffet know more about hiring than a Berkeley professor, and a recent poll of CFOs supports what they say:



http://www.bizjournals.com/bizjournals/washingtonbureau/2014/03/cfos-do-the-math-on-minimum-wage-increase.html

Answer 5

Academic my a s s. They have no way of knowing what employment would have been like without the minimum wage hike. Along with raising prices and causing layoffs, raising the minimum wage also causes people to not get hired in the first place, when they otherwise would have gotten jobs.



It is IMPOSSIBLE for a minimum wage increase to result in anything better than a net loss compared to not increasing it. Anyone who suggests otherwise is either lying or way too stupid to deserve to vote.

Answer 6

Yay I just love paying $100.00 for a #5 combo at mc donalds. Don't anyone realize raising wage inversely relates to the value of the dollar. Thus a higher number means about the same amout of goods and services with more math

Answer 7

Scott is right....no "studies" needed.

San Fran has been up over $10 for a few years, Washington and Oregon over $9.....

so far, the sky's not falling...



ps: these are peanut wages, compare to European countries.

Answer 8

Really.... SUPER





Then let's raise it to $5,000 PER HOUR and settle the question once and for all.

Answer 9

Facts don't matter to republicans. They have been waging the exact same war on American workers with the exact same failed rhetoric since the very first minimum wage was established.



Republicans don't learn from history and they don't believe in facts or evidence.



Curtis blames the source, despite the vast majority of economists agreeing with this study.

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/01/04/economists-agree-raising-the-minimum-wage-reduces-poverty/

http://www.epi.org/minimum-wage-statement/

Answer 10

You need a study to show that? Why not look at Japan and Australia, both of which have a stronger middle class, lower unemployment, and much higher minimum wage?

Answer 11

great.... how many businesses are run by academics or by purely academic principles?



...and how many academics write thousands of paychecks a year?

Answer 12

Berkeley economics professor with the Institute for Research on Labor and Employment. are union government workers and totally biased.



Big labor is behind all this min wage crud, and the congressional democrats get big money from big labor,, so how can you expect their reports to be un-biased.



Why are big labor unions spending millions to organize min. wage protests for non-union employees?

When only 1% of the workforce earns min. wage?



Fast-food workers strike, protest for higher pay

http://www.usatoday.com/story/money/business/2013/12/05/fast-food-strike-wages/3877023/



Fast-food workers strike nationwide in protest against wages

http://www.foxnews.com/us/2013/08/29/fast-food-workers-to-strike-nationwide-over-wages/



Only 1.1 Percent of U.S. Workforce Makes Minimum Wage

http://www.nationalreview.com/campaign-spot/367758/reminder-11-percent-us-workforce-makes-minimum-wage-jim-geraghty





The minimum wage is the biggest entry level job killer there is. Hurting the people that need job experience the most.



Look at Australlia with the highest min. wage and the highest youth unemployment over 27% of first time job seekers cannot find employment.

http://www.businessspectator.com.au/news/2013/7/4/economy/australian-youth-unemployment-spikes-report



Now when you cannot even get your foot in the employment door, you are more likely to live a life of poverty.



When you support min.wage you are supporting the outsourcing of American jobs.

http://economyincrisis.org/content/the-minimum-wage-proposal



Minimun Wage Facts

http://www.minimumwage.com/myths/



Only 1.1 Percent of U.S. Workforce Makes Minimum Wage

http://www.nationalreview.com/campaign-spot/367758/reminder-11-percent-us-workforce-makes-minimum-wage-jim-geraghty



See it is always the congressional democrats and labor unions pushing the min. wage agenda.

Because the congressional democrats buy votes with min wage, and the unions gain income with min. wage.



Now ask yourself “why does a big labor union spend millions to organize a minimum wage protest for a non-union business?

http://www.foxnews.com/us/2013/08/29/fast-food-workers-to-strike-nationwide-over-wages/



Journeyman pay scale is based on the minimum wage, so raising the min wage raises the journeyman wage, and that raises union dues, and that raises union political contributions to the democrat party.



Always follow the money.



Big Labor to Dems

http://www.opensecrets.org/industries/totals.php?cycle=2010&ind=P



Top Campaign Contributors

http://www.opensecrets.org/orgs/list.php?order=A



The min. wage is so high it is no longer being used as an entry level wage it has become a median level wage, and that is why you hear the democrats and unions crying for a “Living Wage” because more people with families are working for min.wage.







Now look at the wording " no measurable effect on employment,” well it is only youth unemployment we talking about.



Raising the min wage hurts first time job seekers the worst, not the experienced job seeker.



When the first time job seeker cannot get a job they are more likely to live a life of poverty.





Well Sarah let's look at those economists

UMass Amherst economist Arin Dube,,,,,,,,,, union government worker.

University of California Irvine economist David Neumark,,,,,,,,,, union government worker.

Government paid union professors are all democrats.



You type big but have little impact.