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California Minimum Wage Hike Will Result in Job Loss for Low-skilled: Indexing wage to inflation will put entry-level job market into a tailspin
March 2006
Washington, DC—The California State Legislature will hold hearings today over three bills to increase the minimum wage and the Employment Policies Institute [EPI] advises lawmakers not to ignore decades of economic research concluding that mandated wage hikes put low-skilled employees out of work. Research dating back to the creation of the minimum wage in 1938 clearly show that increases in the minimum wage decrease employment, particularly for… -
California Minimum Wage Hike Will Result in Job Loss for Low-skilled: Indexing wage to inflation will put entry-level job market into a tailspin
March 2006
Washington, DC—The California State Legislature will hold hearings today over three bills to increase the minimum wage and the Employment Policies Institute [EPI] advises lawmakers not to ignore decades of economic research concluding that mandated wage hikes put low-skilled employees out of work. Research dating back to the creation of the minimum wage in 1938 clearly show that increases in the minimum wage decrease employment, particularly for… -
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… -
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…