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

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