Raising the Minimum Wage Hurts Vulnerable Workers' Job Prospects Without Reducing Poverty


 

Publication Date: May 2006

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

Author(s): James Sherk

Research Area: Labor

Keywords: Economy; living wage

Type: Brief

Abstract:

Intended to reduce poverty, the minimum wage encourages teenagers to drop out of school and reduces low-income workers' future job prospects and earnings.