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re: Study: States that raised minimum wage had stronger job growth
Posted on 7/10/14 at 5:46 pm to HailHailtoMichigan!
Posted on 7/10/14 at 5:46 pm to HailHailtoMichigan!
quote:
The Center for Economic and Policy Research (CEPR) is a progressive economic policy think-tank, founded by two leftist economists.
This.
quote:
CEPR acknowledges this analysis is far from scientific and draws no direct link between raising the minimum wage and payroll gains.
And this.
And, third:
quote:
The average change in payrolls in the 13 states that increased their minimum wages was 0.99% vs. 0.68% in the other states.
This makes no sense. "Payroll" isn't the number of people being paid, it's the total amount being paid to employees. It's either a poorly worded article or an absolutely retarded study.
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