A Strong Jobs Report Points the Way to Better Policy

Publication Date: May 2006

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Rea S. Jr. Hederman; James Sherk

Research Area: Economics; Labor

Keywords: Economy; workers; fears; Department of Labor

Type: Brief

Abstract:

Surveys show that many Americans feel anxious about their economic prospects. Often they hear stories about weak job growth or stagnant earnings that seem to confirm their fears. And many think that proposals to raise the minimum wage would help low income workers get ahead in these difficult times. But the evidence shows that that raising the minimum wage would not help.