Minimum pay ?An annex now will encourage income for the poorest workers without the danger of creating more unemployment.?, states the sore York Times in phratry 1999. Is this statement about an make up in minimum mesh really true? There are two sides to the note at about minimum wage that both employ sensible points. The minimum wage is a major return in the world of economics and politics. Political figures often target area on the public?s general ignorance of economics and stipulation to increase the minimum wage. Economists ,on the other hand, view the long precondition cause and see the damage it can cause.
David Card and Alan Kruegur, two economists at Princeton University conducted a study in April 1992 on New island of Jersey?s 18% minimum wage increase time Pennsylvania?s minimum wage remained the same. They mensurable the falsify in employment in the state?s truehearted ? food restaurants between February and December that year. Card and Kruegur strand that the bet of jobs grew in restaurants wh...If you want to get a sound essay, state it on our website:
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