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Does raising the wage floor reduce employment by making labor more expensive? After 30 years, the debate still isn’t settled.
Bearish
-57.7
−100 Bearish
0
+100 Bullish
A 1994 paper blew up the consensus that minimum-wage increases kill jobs. Economists have been at each other’s throats ever since.
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Bearish
-57.7
−100Neutral+100
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