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Ohio’s Proposed Wage Hike Would Result in 12,000 Lost Jobs and a $308 Million Blow to State Economy: Nearly 4,000 Lost Jobs Fall on Those Earning Under $25,000 Annually
March 2006 · ·
Washington, DC–The proposed legislative effort to raise Ohio’s minimum wage would lead to a catastrophic $308 million hit on the Ohio economy and the loss of 12,000 jobs, according to a study commissioned by the Washington, DC-based nonprofit Employment Policies Institute (EPI). Most of the economic cost, $202.6 million, would stem from increased labor costs to employers. But a significant portion, $105.9 million, would result from the… -
Employment Policies Institute Testifies in Harrisburg in Support of Earned Income Tax Credit: EITC, not minimum wage hikes, will have largest positive impact on low-skilled employees
March 2006 · ·
Washington D.C.–In a special hearing today before the Pennsylvania House Finance Committee, the Employment Policies Institute (EPI) will testify in support of developing a State Earned Income Tax Credit [EITC] as a better solution than a minimum wage hike to help the Commonwealth’s low-skilled employees. According to a study jointly commissioned by the Washington, DC-based nonprofit EPI and the Harrisburg, PA-based Commonwealth Foundation, the current House proposal… -
Employment Policies Institute Testifies in Harrisburg in Support of Earned Income Tax Credit: EITC, not minimum wage hikes, will have largest positive impact on low-skilled employees
March 2006 · ·
Washington D.C.–In a special hearing today before the Pennsylvania House Finance Committee, the Employment Policies Institute (EPI) will testify in support of developing a State Earned Income Tax Credit [EITC] as a better solution than a minimum wage hike to help the Commonwealth’s low-skilled employees. According to a study jointly commissioned by the Washington, DC-based nonprofit EPI and the Harrisburg, PA-based Commonwealth Foundation, the current House proposal… -
Raising Pennsylvania’s Minimum Wage Will Result in Job Loss for Low-Skilled: Earned Income Tax Credit a better way to help those in need
March 2006 · ·
Washington DC –While the intent of raising the minimum wage in Pennsylvania is to assist low-skilled employees, a mandated hike will result in job loss for the very people it is meant to help, according to the Employment Policies Institute. “Wage hike proponents may be acting with the best of intentions, however, it is impossible to escape the drastic negative economic consequences of job loss for the… -
Raising Pennsylvania’s Minimum Wage Will Result in Job Loss for Low-Skilled: Earned Income Tax Credit a better way to help those in need
March 2006 · ·
Washington DC –While the intent of raising the minimum wage in Pennsylvania is to assist low-skilled employees, a mandated hike will result in job loss for the very people it is meant to help, according to the Employment Policies Institute. “Wage hike proponents may be acting with the best of intentions, however, it is impossible to escape the drastic negative economic consequences of job loss for the… -
Raising New Mexico’s minimum wage will result in devastating job loss for low-skilled employees;: Research reveals Santa Fe’s living wage ordinance as cautionary tale against minimum wage hikes
February 2006 · ·
Washingon, D.C.–As New Mexico legislators debate a hike in the state’s minimum wage, the Employment Policies Institute advises lawmakers to learn from the devastating consequences of Santa Fe’s living wage ordinance which included job loss, involuntary part-time employment, and perhaps most surprisingly, no significant increase in income for those earning at the lowest 10th, 25th or 50th percentile. EPI-sponsored research from economist Aaron Yelowitz of the University…