• Corpus ID: 43070854

employment effects of minimum wages When minimum wages are introduced or raised , are there fewer jobs ?

@inproceedings{Neumark2016employmentEO,
  title={employment effects of minimum wages When minimum wages are introduced or raised , are there fewer jobs ?},
  author={David Neumark},
  year={2016}
}
The potential benefits of higher minimum wages come from the higher wages for affected workers, some of whom are in poor or low-income families. The potential downside is that a higher minimum wage may discourage employers from using the low-wage, low-skill workers that minimum wages are intended to help. If minimum wages reduce employment of low-skill workers, then minimum wages are not a “free lunch” with which to help poor and low-income families, but instead pose a tradeoff of benefits for… 

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