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Minimum Wages to Rise in at least Ten States and Three Cities in 2013: Research Shows Wage Hikes Result in Unintended Consequences for the Least-Skilled
November 2012 · ·
WASHINGTON, DC – Today, the Employment Policies Institute (EPI) announced that ten states and three cities will increase their minimum wages on January 1, 2013. Washington continues to lead the country with the highest state minimum wage, $9.19 per hour. San Francisco will have the highest overall minimum wage at $10.55 per hour. Last week, San Jose, CA and Albuquerque, NM passed ballot initiatives to increase their… -
New Study: Citywide Wage And Benefit Mandates Reduce Opportunities for Young Jobseekers: Study Suggests $10 Minimum Wage in San Jose Could Have Unintended Consequences
October 2012 · ·
Today, the Employment Policies Institute (EPI) released a new study authored by University of Kentucky economist Aaron Yelowitz, which examines the impact of citywide compensation floors in cities like San Francisco. The study finds that (all else being equal) each additional $1 in wage and benefit mandates reduces young adults’ labor force participation by roughly two percentage points, increases unemployment by 4.5 percentage points, and causes a… -
New Study: Citywide Wage And Benefit Mandates Reduce Opportunities for Young Jobseekers: Study Suggests $10 Minimum Wage in San Jose Could Have Unintended Consequences
October 2012 · ·
Today, the Employment Policies Institute (EPI) released a new study authored by University of Kentucky economist Aaron Yelowitz, which examines the impact of citywide compensation floors in cities like San Francisco. The study finds that (all else being equal) each additional $1 in wage and benefit mandates reduces young adults’ labor force participation by roughly two percentage points, increases unemployment by 4.5 percentage points, and causes a… -
New Study Finds Raising Federal Minimum Wage Would Eliminate Hundreds of Thousands of Jobs: Data Show Wage Proposals Would Do Little to Reduce Poverty
July 2012 · ·
WASHINGTON – Today, the Employment Policies Institute (EPI) released a new study examining proposals from Representative George Miller (D-CA) and Senator Tom Harkin (D-IA) to raise the federal minimum wage to $9.80. According to EPI’s analysis of recent Census data, a wage hike of this magnitude is projected to eliminate as many as 768,000 jobs for less-skilled and less-experienced employees. EPI’s full study and executive summary are… -
New Study Finds Raising Federal Minimum Wage Would Eliminate Hundreds of Thousands of Jobs: Data Show Wage Proposals Would Do Little to Reduce Poverty
July 2012 · ·
WASHINGTON – Today, the Employment Policies Institute (EPI) released a new study examining proposals from Representative George Miller (D-CA) and Senator Tom Harkin (D-IA) to raise the federal minimum wage to $9.80. According to EPI’s analysis of recent Census data, a wage hike of this magnitude is projected to eliminate as many as 768,000 jobs for less-skilled and less-experienced employees. EPI’s full study and executive summary are… -
With First Day of Summer Approaching, New Analysis Finds Teen Unemployment Still Above 25% in 18 States and DC: Minimum Wage Proposals at State & Federal Level Would Worsen Job Outlook
June 2012 · ·
Washington, DC – Today, the Employment Policies Institute (EPI) released an original analysis of the latest Census Bureau data which finds that, despite modest improvements, teen unemployment is still averaging above 25 percent in 18 states and the District of Columbia. Teen unemployment is currently 24.6 percent nationally, and has been above 20 percent for 43 months. A 50-state breakdown is available at www.minimumwage.com/in-your-state/ “The first day…