angrybear.blogspot.com - 7/24/2009
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With the jump in the unemployment rate today the old line that increases in the minimum wage causes teenage unemployment to rise is being tossed about.. So look at the record. We have a long record to compare the teenage unemployment rate and the minimum wage. If you look at the two series you ...
economix.blogs.nytimes.com - 7/23/2009
businessforafairminimumwage.org - 7/23/2009
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businessforafairminimumwage.org —
Raising minimum wage will help economy, say national
business leaders and small business owners from states affected...
by July 24 increase For Immediate Release Contact: Bob Keener, 617-610-6766, bobkeener [at] comcast.net July 21, 2009, Boston, ...
(more)
Business Owners Welcome Minimum Wage Increase
baselinescenario.com - 7/25/2009
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baselinescenario.com —
I’ve gotten a couple questions along the lines
of: What do the crisis, the recession, and the...
recovery (of the banking sector) mean for ordinary people? I don’t think there’s any systematic way to answer this question, so I will simply offer some observations and guesses. ...
(more)
But What Does It Mean for Me?
Comments
Blog Reactions
Downward Sloping Demand for Unskilled Workers: Employers WILL Respond to Minimum Wage Hikes
CARPE DIEM —
... About a year ago, Angry Bear wrote: We have a long record to compare the teenage unemployment rate and the minimum wage (see graph above). If you look at the two series you see a very inconsistent record. Sometimes a rise in the minimum wage is followed by a drop in the teenage unemployment rate and sometimes it is followed by a rise in the teenage unemployment rate. Essentially, the correlation between the teenage unemployment rate and changes in the minimum wage is zero, strongly implying that there is no causal ...
Downward Sloping Demand For Unskilled Workers: Employers WILL Respond To Minimum Wage Hikes
Daily Markets —
... Today the federally-mandated minimum wage increases to $7.25 per hour, a 10.7% increase from the previous $6.55 per hour. What effect will the higher wage have on employment and compensation for unskilled workers? That’s a controversial issue. About a year ago, Angry Bear wrote : We have a long record to compare the teenage unemployment rate and the minimum wage (see graph above). If you look at the two series you see a very inconsistent record. Sometimes a rise in the minimum wage is followed by a drop in the teenage unemployment rate and sometimes it is followed by a rise ...
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dailymarkets.com 7/24/2009 — BUSINESS FOR A FAIR MINIMUM WAGE (July 21, 2009, Boston, MA) — Business owners across the nation are welcoming the July 24 increase in the federal minimum wage from $6.55 to $7.25 per hour. National business leaders and small business owners in states where workers are getting a raise say ...
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There's Unemployment, and Then There's Unemployment
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