Summary: Negative Effects Of Minimum Wage

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Seattle 3 years ago became one of the first states to incorporate the $15 dollars minimum wage. The first study by a team of researcher at the University of California, Berkeley study, that raising minimum wage to level would lead to at most a slight reduction in the employment rate. Moreover, the Berkeley study focused on the restaurant industry because some restaurant workers are paid minimum wage. For instance, for every 10% that minimum wage increased, wages in the restaurant industry rose 1%. As a result, there was no noticeable effect on employment. The second study which a group of researchers at the University of Washington states that minimum wage has had a far more negative effect on employment. The focus on the second study was on

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