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Old 06-19-2014, 04:22 PM   #33
Undertoad
Radical Centrist
 
Join Date: Jan 2001
Location: Cottage of Prussia
Posts: 31,423
Quote:
There is very little evidence
I think I've seen enough evidence. I could be wrong. This is one of those things where the truth is hard to find, because the sources we read will tell us the story we like to read. Still, the first Google result for "minimum wage unemployment" is this:

http://dailycaller.com/2014/03/31/st...-unemployment/

Quote:
Researchers looked at labor data from both the nineteen states that as of 2013 had enforced minimum wages above $7.25 per hour and the thirty-one states that had minimum wages equal to $7.25.

Overall, they found that just a $1 increase in the minimum wage was “associated with a 1.48 percentage point increase in the unemployment rate,” and a “0.18 percentage point decrease in the net job growth rate.”
Well yeah, it's a righty website writing about a vaguely righty organization's study, but it's just math they're doing in that study, and people could check their math.
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