- Capitalism and Alternatives -

Studies?.....2nd take-corrected)

Posted by: bill on March 31, 1999 at 12:27:50:

In Reply to: Minimum wages and how to pretend to care. posted by Gee on March 29, 1999 at 16:19:07:


: Studies (in the USA) suggest that for every 10 percent increase in the minimum wage, a minimum of 100,000 jobs are lost. There may be asmall increase in jobs for factory machine producers (to replace these people).

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Can you provide the study?

One study can be found at this site.
Go to "search", type in "minimum wage" and then check out report titled: "Small Business and the Minimum Wage. You'll find it disputes your conclusions.

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McSpotlight: Whoops. Sorry about the dual posting.


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