Blog Posts  (Page33)

Rigorous economic research has long shown that raising the minimum wage results in job loss for the least-skilled employees. A recently released report from the non-partisan Congressional Budget Office (CBO) details that raising the minimum wage to $10.10 will reduce job opportunities for the least-skilled—the potential job losses range…

In his State of the Union address, President Obama will call for an increase in the federal minimum wage to $10.10—a nearly 40 percent jump over the current amount. The White House claims its plan won’t reduce jobs, but the vast majority of economic research on the subject –…

In this week’s State of the Union address, President Obama is expected to ask members of Congress to pass a nearly 40% increase in the federal minimum wage. A new Employment Policies Institute (EPI) analysis shows that the vast majority of the bill’s sponsors are legislating with a  “do as…

Senate Democrats are planning a vote in the first part of 2014 on a bill that would raise the federal minimum wage by nearly 40 percent from $7.25 an hour to $10.10 an hour. The New York Times and Associated Press  have reported that this push for higher mandated wages is part…

The labor union-backed Economic Policy Institute recently released an update of their earlier “analysis” on a $10.10 minimum wage. EcPI’s analysts have scaled their earlier claim of $32 billion in stimulus back by a cool $10 billion or so, but — in their view — a nearly 40 percent…

In a recent speech on income inequality, President Obama claimed “there’s no solid evidence that a higher minimum wage costs jobs.” However, the president’s statement is plainly contradicted by the evidence. Even the Washington Post – itself no opponent of a higher minimum wage – gave his statement “Two Pinocchios” for…

On Thursday, labor union-backed protesters will “strike” at over 100 fast food restaurants around the country–the third such coordinated national action this year. The Employment Policies Institute has taken out a series of full page ads in USA Today and The Wall Street Journal, warning that a $15 minimum wage would force employers…

Eager to change the conversation from the disastrous roll-out of the healthcare law, Senate Democrats and President Obama have rallied behind a proposal to create a $10.10 minimum wage—a nearly 40 percent increase over the current $7.25. (The proposal would also raise the minimum wage for tipped employees by over…

This week, the Employment Policies Institute released a new study authored by Miami University economist Dr. William Even and Trinity University economist Dr. David Macpherson that examines the cost to the New Jersey public sector if the state raises its minimum wage by $1. The economists predict that New…

This week, the SEIU-backed National Employment Law Project (NELP) released a new report arguing that the ten largest fast-food companies cost taxpayers $3.8 billion per year. Though NELP’s number was widely reported, few people bothered to check the fine print. Buried in a footnote in the back of the report,…