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1StrongBlackMan

(31,849 posts)
1. LOL ...
Tue Dec 9, 2014, 03:45 PM
Dec 2014
University of California (San Diego) economics professors Jeffrey Clemens and Michael Wither looked at the effects of changing the federal minimum wage from 2007 to 2009. During that period, the wage rose in three installments from $5.15 an hour to $7.25 an hour. During the same period, the percent of the population that was employed, known as the employment-population ratio, declined by 4 percentage points among adults aged 25 to 44 and by 8 percentage points among those aged 15 to 24.

The average worker faced a 30 percent minimum wage increase.


Gee, Professors Clemens and Wither ... what else was happening in the U.S. during that 2007-2009 timeframe?

Stupid research leads to stupid conclusions.
LOL ... 1StrongBlackMan Dec 2014 #1
Interesting how facts work. yallerdawg Dec 2014 #2
Quoting from Wikipedia: TexasTowelie Dec 2014 #3
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