The Effects of a Minimum-Wage Increase on Employment and Family Income - Softcover

Congressional Budget Office

Softcover

ISBN 10: 1507829663 ISBN 13: 9781507829660

Publisher: CreateSpace Independent Publishing Platform, 2015

Synopsis

Increasing the minimum wage would have two principal effects on low-wage workers. Most of them would receive higher pay that would increase their family’s income, and some of those families would see their income rise above the federal poverty threshold. But some jobs for low-wage workers would probably be eliminated, the income of most workers who became jobless would fall substantially, and the share of low-wage workers who were employed would probably fall slightly.

About this edition

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2015
• ISBN 10: 1507829663
• ISBN 13: 9781507829660
• Binding: Paperback
• Number of pages: 42