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Point/counterpoint: $15 minimum wage - Raising living wage is a start Dean Baker FacebookTwitterEmail The standard argument against raising the minimum wage is not supported by the evidence. We now have considerable experience with state and local governments having substantial increases in their minimum wages. Several cities, including New York, San Francisco and Seattle, already have a $15 an hour minimum wage. California’s statewide minimum wage is now at $14 an hour and is scheduled to hit $15 an hour for mid-size and large employers next year and all employers in 2023. Dozens of economists have carefully analyzed these minimum wage hikes. To the surprise of many, including me, there is no evidence that these minimum wage increases have led to job loss. Instead, they have resulted in substantial improvements in living standards for millions of low-wage workers.

New yorkUnited statesSan franciscoDean bakerGetty imagesPresident bidenHow globalizationModern economy were structuredRich richerCenter for economic and policy researchRigged how globalization and the rules of modern economy were structured to make rich richerInsidesources comபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்சான் பிரான்சிஸ்கோடீன் ரொட்டி சுடுபவர்