Does raising the wage floor reduce employment by making labor more expensive? After 30 years, the debate still isn’t settled.

You are currently viewing Does raising the wage floor reduce employment by making labor more expensive? After 30 years, the debate still isn’t settled.

Does raising the wage floor reduce employment by making labor more expensive? After 30 years, the debate still isn’t settled.




A 1994 paper blew up the consensus that minimum-wage increases kill jobs. Economists have been at each other’s throats ever since.
2026-03-19 16:03:00
Justin Lahart