Posted on May 30, 2013
RE: “Time to raise the minimum wage?” (May 19):
Economist Sylvia Allegretto claimed there is no link between minimum-wage hikes and job losses. What she didn’t mention is that her research findings were disproven. Economists at the University of California, Irvine, and the Federal Reserve Board recently released a study showing that Allegretto’s and her co-authors’ conclusions are not supported by the data.
In reality, the economic consensus is overwhelming: 85 percent of the best studies from the past two decades show minimum-wage hikes kill jobs.
– Michael Saltsman, Washington, D.C.
The letter writer is research director for Employment Policies Institute