This fall, ten states will likely raise their minimum wages, either due to new state labor department regulations or legislation.
It matters if the worker isn’t helped, and is even hurt, by minimum-wage hikes. If there is credible research to support this notion, there’s reason to give your fellow Americans the benefit of the doubt.
Researchers discovered that a $1 increase in the minimum wage leads to approximately a 4 to 10 percent increase in the likelihood of any given restaurant folding.
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