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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… -
Another Bummer Summer: New Data Show 4th Summer of High Teen Unemployment: Research Shows Proposals to Raise Federal Minimum Wage to $9.80 Would Worsen Situation
August 2012
WASHINGTON – Following a new report on summer employment from the Bureau of Labor Statistics, the Employment Policies Institute (EPI) released an analysis of Census Bureau data which finds that teen unemployment remained above 25 percent in 19 states and the District of Columbia through the summer of 2012. Nationally, the teen unemployment rate is 23.8 percent and has been above 20 percent for 45 months. “The… -
Another Bummer Summer: New Data Show 4th Summer of High Teen Unemployment: Research Shows Proposals to Raise Federal Minimum Wage to $9.80 Would Worsen Situation
August 2012
WASHINGTON – Following a new report on summer employment from the Bureau of Labor Statistics, the Employment Policies Institute (EPI) released an analysis of Census Bureau data which finds that teen unemployment remained above 25 percent in 19 states and the District of Columbia through the summer of 2012. Nationally, the teen unemployment rate is 23.8 percent and has been above 20 percent for 45 months. “The… -
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…