Ubiquitin,
The fact that unemployment did not go down when the minimum wage goes up means nothing. It might have gone up or gone up more if not for the minimum wage going up. In fact, when NYC raised its minimum wage restaurant owners looked to both cut staff and raise prices (the other result of minimum wage increases). See online em>Restaurateurs Are Scrambling to Cut Service and Raise Prices After Minimum Wage Hike. See also (online) No, Krueger Didn’t ‘Prov[e] that Raising the Minimum Wage Doesn’t Increase Unemployment’ by Thomas Firey/
Menu