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Actual study.

As the title says, we’ve got a growing dataset of minimum wage changes, and now plenty of evidence supporting that unemployment is not a matter of the minimum wage (at least, not for any change people are considering). There are plenty of citing studies that seem to support this, even internationally.

  • sin_free_for_00_days@sopuli.xyz
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    16 days ago

    I remember some news article back in the '70s or '80s that came to the same conclusion. It’s kind of irrelevant though. If you don’t get paid enough working to pay for living, then the pay is too low. Livable Wage, you wage-setting mother fuckers.

  • iopq@lemmy.world
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    16 days ago

    Yes, because only 1.1% make the minimum wage

    If you raise that only by a little it affects very few people

    • 🇰 🌀 🇱 🇦 🇳 🇦 🇰 🇮 @pawb.social
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      16 days ago

      With this, it really depends on if you’re looking at each state’s minimum wage or just the federal minimum. Like, 0% of people in California work for federal minimum wage, because the state has it’s own. It is higher, but it still isn’t a livable wage in the state, though.

      • iopq@lemmy.world
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        16 days ago

        Yes, more people make state or local minimum wage, but we don’t have numbers for that. But still, if you raise SF minimum wage a few dollars, it affects few people because the median is $96k (half of SF residents make more than this)

        It’s not surprising raising minimum wage doesn’t cause job losses because increasing it by a lot hadn’t been tried