- Jul 11, 2003
We already have studies showing it doesn't from past hikes.
The 13 U.S. states that increased their minimum wages on January 1 saw higher employment growth, on average, than the states where the minimum wage didn't change, according to an analysis by the Center for Economic Policy Research, a progressive think tank.
Four states passed laws to raise wages, while nine others had automatic wage increases pegged to inflation. The employment rate rose 0.99 percent, on average, in those states in the first five months of 2014, according to the CEPR. Employment rose by just 0.68 percent, on average, during that same period in the 37 states that didn't raise wages.
http://www.huffingtonpost.com/2014/07/10/minimum-wage-kill-jobs_n_5571412.html?awesm=ofa.bo_g0BhBut economic research has shown this simply isn't the case. Take San Francisco, where the minimum wage, $10.74 an hour, is one of the highest in the country. The city has seen faster job growth than any other big city over the past 10 years. Likewise, Washington state, which has the highest state minimum wage in the country at $9.32, has seen faster job growth than any other state.